# November cattle report is out!

> The USDA November Cattle on Feed report showed October placements at 102.4% of last year and marketings at 95.5%, with the November on-feed total at 99.8% of last year. Fed steer prices rose above $130/cwt as packers chased cattle, and feeder prices rose seasonally.

- Date: 2021-11-22 · published 2021-11-22T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/44206-november-cattle-report-is-out
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Fifth straight monthly year-over-year decline in feedlot inventory tightens fed supplies, supporting fed and feeder cattle prices into 2022.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-07-28 | [Cattle Report – July 2022](https://feedsoft.ai/events/40436-cattle-report-july-2022.md) | -0.1% | +3.7% |
| LCATTLE | 2021-11-24 | [November cattle market update, Cattle on Feed report \| Western Livestock Journal](https://feedsoft.ai/events/12781-november-cattle-market-update-cattle-on-feed-report-western-livestock-journal.md) | +2.1% | +1.7% |
| LCATTLE | 2023-11-20 | [Live Cattle Take on Another On-Feed Report](https://feedsoft.ai/events/7973-live-cattle-take-on-another-on-feed-report.md) | -2.9% | -5.1% |
| LCATTLE | 2026-10-23 | [Cattle Ticking Higher Ahead of USDA Report](https://feedsoft.ai/events/590-cattle-ticking-higher-ahead-of-usda-report.md) | +0.1% | — |
| LCATTLE | 2026-10-27 | [Cattle futures rally on bullish Cattle on Feed report](https://feedsoft.ai/events/571-cattle-futures-rally-on-bullish-cattle-on-feed-report.md) | -3.0% | — |
| FCATTLE | 2022-07-28 | [Cattle Report – July 2022](https://feedsoft.ai/events/40436-cattle-report-july-2022.md) | +0.1% | +1.2% |
| FCATTLE | 2021-11-24 | [November cattle market update, Cattle on Feed report \| Western Livestock Journal](https://feedsoft.ai/events/12781-november-cattle-market-update-cattle-on-feed-report-western-livestock-journal.md) | +0.9% | -1.6% |
| FCATTLE | 2023-11-20 | [Live Cattle Take on Another On-Feed Report](https://feedsoft.ai/events/7973-live-cattle-take-on-another-on-feed-report.md) | -6.9% | -2.3% |

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/november-cattle-report-is-out-

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