# Expect Short-Term Price Pressure on Feeder Cattle, Calves as More Head Push Into Feedlots

> USDA's Cattle on Feed report showed cattle and calves on feed for slaughter at a record March inventory of 12.2 million head, up 1% from 2021. Drought in the central and western U.S. is pushing cattle into feedlots, with placements in February 9% above 2021.

- Date: 2022-04-11 · published 2022-04-11T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/41985-expect-short-term-price-pressure-on-feeder-cattle-calves-as-more-head-push-into
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavier feedlot inventories and drought-driven placements add near-term supply pressure on feeder and calf prices, while high feed costs squeeze feeder breakevens and raise corn and meal demand concerns.

## Read by commodity

- CORN: neutral
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2020-04-30 | [Feeder cattle aren't in feedlots](https://feedsoft.ai/events/53784-feeder-cattle-aren-t-in-feedlots.md) | +3.8% | +13.3% |
| FCATTLE | 2026-05-25 | [Feeder cattle futures sink on surprise feedlot data - CME
						 \| The Cattle Site](https://feedsoft.ai/events/19409-feeder-cattle-futures-sink-on-surprise-feedlot-data-cme-the-cattle-site.md) | +0.5% | +5.2% |
| FCATTLE | 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) | +0.0% | -3.3% |
| FCATTLE | 2018-06-08 | [Projecting feeder cattle prices in 2018](https://feedsoft.ai/events/64683-projecting-feeder-cattle-prices-in-2018.md) | -1.6% | +4.2% |
| FCATTLE | 2023-11-14 | [USDA cattle report shows strong market prices support higher feedlot numbers - Oklahoma Farm Report](https://feedsoft.ai/events/33332-usda-cattle-report-shows-strong-market-prices-support-higher-feedlot-numbers.md) | -0.4% | -5.0% |
| 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% |
| LCATTLE | 2018-06-08 | [Projecting feeder cattle prices in 2018](https://feedsoft.ai/events/64683-projecting-feeder-cattle-prices-in-2018.md) | +0.8% | -2.6% |
| LCATTLE | 2023-12-22 | [Dec. 1 Cattle on Feed Increase More Than Expected, Up 3% From Last Year](https://feedsoft.ai/events/32834-dec-1-cattle-on-feed-increase-more-than-expected-up-3-from-last-year.md) | +0.7% | +2.7% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/livestock/article/2022/04/11/expect-short-term-price-pressure

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