# CME update: live cattle futures surge ahead of USDA Cattle on Feed report
						 | The Beef Site

> Live cattle futures gained on January 21 ahead of the USDA Cattle on Feed report, with April live cattle up 1.075 cents to 119.950 cents per pound. Traders expected fewer cattle to be placed in feedlots because rising grain prices have made feeding more expensive.

- Date: 2021-01-22 · published 2021-01-22T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/49286-cme-update-live-cattle-futures-surge-ahead-of-usda-cattle-on-feed-report-the
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Expected lower placements tighten future market-ready supplies and support live and feeder cattle prices. Higher feed costs are limiting feedlots' willingness to add weight.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2020-06-18 | [CME update: cattle futures mixed as traders await USDA report
						 \| The Beef Site](https://feedsoft.ai/events/52752-cme-update-cattle-futures-mixed-as-traders-await-usda-report-the-beef-site.md) | -0.5% | +6.8% |
| FCATTLE | 2026-07-26 | [Feeder cattle futures stabilise ahead of feedlot report - CME
						 \| The Cattle Site](https://feedsoft.ai/events/18484-feeder-cattle-futures-stabilise-ahead-of-feedlot-report-cme-the-cattle-site.md) | +0.8% | -3.1% |
| FCATTLE | 2024-04-23 | [Live cattle futures jump on supportive USDA feedlot data - CME
						 \| The Cattle Site](https://feedsoft.ai/events/30878-live-cattle-futures-jump-on-supportive-usda-feedlot-data-cme-the-cattle-site.md) | +2.1% | +1.6% |
| FCATTLE | 2025-07-28 | [US cattle futures rise on record-low herd, tight supply - CME
						 \| The Beef Site](https://feedsoft.ai/events/23895-us-cattle-futures-rise-on-record-low-herd-tight-supply-cme-the-beef-site.md) | +1.0% | +8.7% |
| FCATTLE | 2026-09-22 | [Cattle futures surge on weak feedlot placements - CME
						 \| The Cattle Site](https://feedsoft.ai/events/17615-cattle-futures-surge-on-weak-feedlot-placements-cme-the-cattle-site.md) | -1.7% | +2.1% |
| LCATTLE | 2020-06-18 | [CME update: cattle futures mixed as traders await USDA report
						 \| The Beef Site](https://feedsoft.ai/events/52752-cme-update-cattle-futures-mixed-as-traders-await-usda-report-the-beef-site.md) | -3.4% | -0.8% |
| LCATTLE | 2026-07-26 | [Feeder cattle futures stabilise ahead of feedlot report - CME
						 \| The Cattle Site](https://feedsoft.ai/events/18484-feeder-cattle-futures-stabilise-ahead-of-feedlot-report-cme-the-cattle-site.md) | -0.6% | -2.9% |
| LCATTLE | 2024-04-23 | [Live cattle futures jump on supportive USDA feedlot data - CME
						 \| The Cattle Site](https://feedsoft.ai/events/30878-live-cattle-futures-jump-on-supportive-usda-feedlot-data-cme-the-cattle-site.md) | +0.8% | +0.9% |

## Sources

- thebeefsite.com: https://www.thebeefsite.com/news/56441/cme-update-live-cattle-futures-surge-ahead-of-usda-cattle-on-feed-report
- thecattlesite.com: https://www.thecattlesite.com/news/56441/cme-update-live-cattle-futures-surge-ahead-of-usda-cattle-on-feed-report

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