# Feedlot inventory near year-ago levels

> USDA's Cattle on Feed report showed 12.0 million head on feed on December 1, 2020, slightly above a year earlier. November placements totaled 1.91 million head, 9% below 2019, and marketings were 1.78 million head, 2% below 2019.

- Date: 2020-12-22 · published 2020-12-22T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/49804-feedlot-inventory-near-year-ago-levels
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Placements well below last year point to tighter feeder supply and firmer fed cattle prices into 2021. Lower feeder demand can also reduce calf and feeder prices in the near term.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2024-01-01 | [Feedlot placements ‘finally’ below year-ago levels](https://feedsoft.ai/events/32854-feedlot-placements-finally-below-year-ago-levels.md) | -0.4% | +2.3% |
| LCATTLE | 2025-01-31 | [U.S. Beef Cattle Inventory Falls to the Lowest Level in 64 Years - AgWeb](https://feedsoft.ai/events/26447-u-s-beef-cattle-inventory-falls-to-the-lowest-level-in-64-years-agweb.md) | -0.9% | -3.5% |
| LCATTLE | 2026-02-17 | [75-year-low: National cattle inventory drops to historic level](https://feedsoft.ai/events/20540-75-year-low-national-cattle-inventory-drops-to-historic-level.md) | +0.7% | -4.2% |
| LCATTLE | 2025-02-05 | [Cattle Inventory Report \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/25984-cattle-inventory-report-industry-news-feedlotmagazine-com.md) | -1.1% | -4.6% |
| LCATTLE | 2026-01-30 | [U.S. Cattle Inventory at 75 Year Low \| Paradigm Futures](https://feedsoft.ai/events/21190-u-s-cattle-inventory-at-75-year-low-paradigm-futures.md) | +1.0% | +4.8% |
| FCATTLE | 2024-01-01 | [Feedlot placements ‘finally’ below year-ago levels](https://feedsoft.ai/events/32854-feedlot-placements-finally-below-year-ago-levels.md) | +0.7% | +8.6% |
| FCATTLE | 2025-01-31 | [U.S. Beef Cattle Inventory Falls to the Lowest Level in 64 Years - AgWeb](https://feedsoft.ai/events/26447-u-s-beef-cattle-inventory-falls-to-the-lowest-level-in-64-years-agweb.md) | -5.9% | -2.5% |
| FCATTLE | 2026-02-17 | [75-year-low: National cattle inventory drops to historic level](https://feedsoft.ai/events/20540-75-year-low-national-cattle-inventory-drops-to-historic-level.md) | -0.5% | -2.9% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/market-news/feedlot-inventory-near-year-ago-levels

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