# Higher cattle inventory numbers could pressure market | Livestock | farmweeknow.com

> USDA estimated cattle and calves on feed for slaughter at 11.28 million head as of August 1, up 2% from last year and above trade expectations. Analysts said cattle placements were higher as well.

- Date: 2020-08-21 · published 2020-08-21T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/51747-higher-cattle-inventory-numbers-could-pressure-market-livestock-farmweeknow-com
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Larger feedlot inventories signal more ample beef supplies ahead, which can pressure cattle prices and may reduce future demand for feed grains in the near term.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-04-22 | [Herd liquidation could keep lid on cattle prices \| Livestock \| farmweeknow.com](https://feedsoft.ai/events/41787-herd-liquidation-could-keep-lid-on-cattle-prices-livestock-farmweeknow-com.md) | -1.3% | -4.0% |
| LCATTLE | 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% | -4.8% |
| LCATTLE | 2017-07-24 | [Cattle futures hit hard by on feed, inventory numbers - Brownfield Ag News](https://feedsoft.ai/events/70086-cattle-futures-hit-hard-by-on-feed-inventory-numbers-brownfield-ag-news.md) | -1.6% | -6.2% |
| LCATTLE | 2016-04-29 | [National Feeder Cattle Weekly Review 4/29/16 \| Livestock Market Reports \| lancasterfarming.com](https://feedsoft.ai/events/11611-national-feeder-cattle-weekly-review-4-29-16-livestock-market-reports.md) | -2.4% | +0.0% |
| LCATTLE | 2022-05-25 | [Record Number of Cattle on Feed and Record Low Inventory Outside of Feedlots](https://feedsoft.ai/events/41541-record-number-of-cattle-on-feed-and-record-low-inventory-outside-of-feedlots.md) | -1.3% | +3.1% |
| FCATTLE | 2022-04-22 | [Herd liquidation could keep lid on cattle prices \| Livestock \| farmweeknow.com](https://feedsoft.ai/events/41787-herd-liquidation-could-keep-lid-on-cattle-prices-livestock-farmweeknow-com.md) | -1.6% | -2.7% |
| 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% |
| FCATTLE | 2017-07-24 | [Cattle futures hit hard by on feed, inventory numbers - Brownfield Ag News](https://feedsoft.ai/events/70086-cattle-futures-hit-hard-by-on-feed-inventory-numbers-brownfield-ag-news.md) | -4.5% | -8.1% |

## Sources

- farmweeknow.com: https://www.farmweeknow.com/livestock/higher-cattle-inventory-numbers-could-pressure-market/article_4c60b5c0-e3fd-11ea-8cc0-8fd27d9b9fe8.html

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