# Pete’s comments: Where are the feeder cattle? | Western Livestock Journal

> Western Livestock Journal commentary notes cattle markets are strengthening and cash fed cattle traded at $142-144 live. The estimated feeder cattle supply was 25.54 million head, down 2.6% year over year. Feedlots have been borrowing against future placements to keep pens full.

- Date: 2022-02-18 · published 2022-02-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42849-pete-s-comments-where-are-the-feeder-cattle-western-livestock-journal
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A smaller feeder supply and strong feedlot demand support feeder cattle prices. Feedlots' reduced ability to keep pens full could tighten supplies later this year.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- wlj.net: https://www.wlj.net/petes-comments-where-are-the-feeder-cattle/

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