# Feeder cattle aren't in feedlots

> USDA May 1 data show large numbers of feeder cattle still held outside feedyards after COVID-19 slowed feeder cattle sales and placements over the past six weeks. The 2020 off-feedyard supply is over 1 million head above the 2016-2019 average.

- Date: 2020-04-30 · published 2020-04-30T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/53784-feeder-cattle-aren-t-in-feedlots
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Held-back feeder supply implies a later surge in placements, which could pressure feeder prices when markets normalize while reducing near-term feedlot corn demand.

## Read by commodity

- CORN: bearish ▼
- FCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2018-06-08 | [Projecting feeder cattle prices in 2018](https://feedsoft.ai/events/64683-projecting-feeder-cattle-prices-in-2018.md) | -1.6% | +4.2% |
| FCATTLE | 2022-04-11 | [Expect Short-Term Price Pressure on Feeder Cattle, Calves as More Head Push Into Feedlots](https://feedsoft.ai/events/41985-expect-short-term-price-pressure-on-feeder-cattle-calves-as-more-head-push-into.md) | -0.5% | +2.1% |
| FCATTLE | 2026-05-25 | [Feeder cattle futures sink on surprise feedlot data - CME
						 \| The Cattle Site](https://feedsoft.ai/events/19409-feeder-cattle-futures-sink-on-surprise-feedlot-data-cme-the-cattle-site.md) | +0.5% | +5.2% |
| FCATTLE | 2019-12-02 | [Understanding 'Placements' in the Cattle on Feed Report](https://feedsoft.ai/events/55713-understanding-placements-in-the-cattle-on-feed-report.md) | -0.5% | +2.2% |
| FCATTLE | 2023-12-22 | [Dec. 1 Cattle on Feed Up 3%](https://feedsoft.ai/events/32853-dec-1-cattle-on-feed-up-3.md) | +0.3% | +4.2% |
| CORN | 2023-03-30 | [Feed grain outlook lifts feeder cattle market - Grainews](https://feedsoft.ai/events/5599-feed-grain-outlook-lifts-feeder-cattle-market-grainews.md) | -0.5% | -3.0% |
| CORN | 2017-11-29 | [Cattle on Feed \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/68120-cattle-on-feed-ohio-beef-cattle-letter.md) | +1.6% | +7.4% |
| CORN | 2020-03-13 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/9943-national-feeder-and-stocker-cattle-report-capital-press.md) | -4.2% | -1.9% |

## Sources

- beefmagazine.com: https://www.beefmagazine.com/feedlots/where-are-the-feeder-cattle-everywhere-but-feedyards

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