# Cattle on Feed Report Reveals 2% More Cattle on Feed than 2018 - AG INFORMATION NETWORK OF THE WEST

> USDA reported cattle on feed totaled 12.0 million head on December 1, 2019, 2% above a year earlier. November placements were 2.09 million head, 5% above 2018, while marketings of fed cattle fell 3% to 1.81 million head.

- Date: 2019-12-25 · published 2019-12-25T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/55710-cattle-on-feed-report-reveals-2-more-cattle-on-feed-than-2018-ag-information
- 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

Placements running ahead of last year and a larger on-feed inventory signal more fed supply later in 2020, which is bearish for fed cattle prices, while lower marketings partly offset this near term.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 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% | +3.9% |
| LCATTLE | 2018-06-29 | [Feeder Cattle Auction report \| West Plains Daily Quill](https://feedsoft.ai/events/64679-feeder-cattle-auction-report-west-plains-daily-quill.md) | -1.7% | +2.0% |
| LCATTLE | 2023-12-22 | [Dec. 1 Cattle on Feed Increase More Than Expected, Up 3% From Last Year](https://feedsoft.ai/events/32834-dec-1-cattle-on-feed-increase-more-than-expected-up-3-from-last-year.md) | +0.7% | +2.7% |
| LCATTLE | 2021-05-27 | [USDA reports second largest inventory of cattle on feed since 1996](https://feedsoft.ai/events/4968-usda-reports-second-largest-inventory-of-cattle-on-feed-since-1996.md) | +0.3% | +3.9% |
| LCATTLE | 2023-10-24 | [USDA Cattle on Feed Report Hits Cattle Prices Hard](https://feedsoft.ai/events/10309-usda-cattle-on-feed-report-hits-cattle-prices-hard.md) | +1.1% | -3.0% |
| 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 | 2018-06-29 | [Feeder Cattle Auction report \| West Plains Daily Quill](https://feedsoft.ai/events/64679-feeder-cattle-auction-report-west-plains-daily-quill.md) | +3.7% | +3.7% |
| FCATTLE | 2021-05-27 | [USDA reports second largest inventory of cattle on feed since 1996](https://feedsoft.ai/events/4968-usda-reports-second-largest-inventory-of-cattle-on-feed-since-1996.md) | +12.1% | +15.1% |

## Sources

- aginfo.net: https://www.aginfo.net/report/44743/Land-Livestock-Report/Cattle-on-Feed-Report-Reveals-2-More-Cattle-on-Feed-than-2018

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