# Herd liquidation could keep lid on cattle prices | Livestock | farmweeknow.com

> USDA's monthly cattle on feed report showed March feedlot placements of 1.99 million head, down only 0.4% year over year against trade estimates of a 7.8% decline. Analysts say ongoing herd liquidation and beef cow slaughter will tighten future beef supplies.

- Date: 2022-04-22 · published 2022-04-22T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/41787-herd-liquidation-could-keep-lid-on-cattle-prices-livestock-farmweeknow-com
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavy placements add near-term fed supply and pressure cash cattle prices, while the continued breeding herd reduction supports higher prices later.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-08-21 | [Higher cattle inventory numbers could pressure market \| Livestock \| farmweeknow.com](https://feedsoft.ai/events/51747-higher-cattle-inventory-numbers-could-pressure-market-livestock-farmweeknow-com.md) | -1.2% | -2.0% |
| LCATTLE | 2017-01-24 | [U.S. livestock: CME live cattle slide on cash price unease - Country Guide](https://feedsoft.ai/events/10048-u-s-livestock-cme-live-cattle-slide-on-cash-price-unease-country-guide.md) | -2.0% | -1.9% |
| LCATTLE | 2022-06-07 | [Livestock prices tipped to fall as herd, flock rebuilds slow - Beef Central](https://feedsoft.ai/events/40868-livestock-prices-tipped-to-fall-as-herd-flock-rebuilds-slow-beef-central.md) | +1.2% | +3.6% |
| LCATTLE | 2021-04-09 | [Rising feed prices impact cattle markets \| Western Livestock Journal](https://feedsoft.ai/events/47743-rising-feed-prices-impact-cattle-markets-western-livestock-journal.md) | +0.6% | -3.2% |
| LCATTLE | 2023-10-24 | [USDA Cattle on Feed Report Hits Cattle Prices Hard](https://feedsoft.ai/events/10309-usda-cattle-on-feed-report-hits-cattle-prices-hard.md) | +1.1% | -3.0% |
| FCATTLE | 2020-08-21 | [Higher cattle inventory numbers could pressure market \| Livestock \| farmweeknow.com](https://feedsoft.ai/events/51747-higher-cattle-inventory-numbers-could-pressure-market-livestock-farmweeknow-com.md) | -1.0% | -1.8% |
| FCATTLE | 2017-01-24 | [U.S. livestock: CME live cattle slide on cash price unease - Country Guide](https://feedsoft.ai/events/10048-u-s-livestock-cme-live-cattle-slide-on-cash-price-unease-country-guide.md) | -6.7% | -6.2% |
| FCATTLE | 2022-06-07 | [Livestock prices tipped to fall as herd, flock rebuilds slow - Beef Central](https://feedsoft.ai/events/40868-livestock-prices-tipped-to-fall-as-herd-flock-rebuilds-slow-beef-central.md) | -0.4% | +0.8% |

## Sources

- farmweeknow.com: https://www.farmweeknow.com/livestock/herd-liquidation-could-keep-lid-on-cattle-prices/article_17a1a7dc-c276-11ec-8ccb-8ffd76ec2be1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.