# Understanding 'Placements' in the Cattle on Feed Report

> DTN's livestock analyst explains how to interpret placements in the November Cattle on Feed report, which showed placements up about 10% from the prior year. The piece argues that placement data must be compared to a baseline before judging whether the report is bullish or bearish.

- Date: 2019-12-02 · published 2019-12-02T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/55713-understanding-placements-in-the-cattle-on-feed-report
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Placement surges pull feeder supply forward and add to future fed supply, which is a bearish factor for feeder and fed cattle prices.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 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) | +0.0% | -3.3% |
| FCATTLE | 2026-05-28 | [Placements of Cattle on Feed up 6% \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/19413-placements-of-cattle-on-feed-up-6-industry-news-feedlotmagazine-com.md) | -3.4% | +5.3% |
| 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% |
| FCATTLE | 2019-12-25 | [Cattle on Feed Report Reveals 2% More Cattle on Feed than 2018 - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/55710-cattle-on-feed-report-reveals-2-more-cattle-on-feed-than-2018-ag-information.md) | +0.7% | -1.2% |
| 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% |
| 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% |
| 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 | 2019-12-25 | [Cattle on Feed Report Reveals 2% More Cattle on Feed than 2018 - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/55710-cattle-on-feed-report-reveals-2-more-cattle-on-feed-than-2018-ag-information.md) | +2.1% | +2.3% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/livestock/article/2019/12/02/understanding-placements-cattle-feed

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