# Inventory Insights | Ohio BEEF Cattle Letter

> The October USDA Cattle on Feed report was close to trade expectations, with September placements at 2.1 million head, slightly above estimates, and marketings at 1.7 million head. Cattle on feed totaled 11.3 million head, 99% of a year earlier, and the heifer share rose to 39.1%. Third-quarter beef slaughter was up year over year.

- Date: 2019-10-30 · published 2019-10-30T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/56703-inventory-insights-ohio-beef-cattle-letter
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lighter placements at heavy weights and a higher heifer mix support near-term live cattle prices and signal fewer replacement heifers ahead. Steady feedlot inventories limit additional feeder supply pressure.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-11-23 | [Cattle on Feed \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/38815-cattle-on-feed-ohio-beef-cattle-letter.md) | +0.8% | +1.7% |
| LCATTLE | 2022-05-04 | [Improvements & Cautions \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/6077-improvements-and-cautions-ohio-beef-cattle-letter.md) | -1.1% | -3.3% |
| LCATTLE | 2023-04-12 | [Fed Cattle Supplies \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/36528-fed-cattle-supplies-ohio-beef-cattle-letter.md) | +3.3% | -2.2% |
| LCATTLE | 2022-08-03 | [Mid-year Cattle Report Continues to Show Decreasing Cattle Inventory \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/40176-mid-year-cattle-report-continues-to-show-decreasing-cattle-inventory-ohio-beef.md) | +0.9% | +3.9% |
| LCATTLE | 2019-08-21 | [Kentucky Beef Cattle Market Update \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/57532-kentucky-beef-cattle-market-update-ohio-beef-cattle-letter.md) | +1.6% | -4.3% |
| FCATTLE | 2022-11-23 | [Cattle on Feed \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/38815-cattle-on-feed-ohio-beef-cattle-letter.md) | -0.7% | +1.2% |
| FCATTLE | 2022-05-04 | [Improvements & Cautions \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/6077-improvements-and-cautions-ohio-beef-cattle-letter.md) | -2.1% | +4.5% |
| FCATTLE | 2023-04-12 | [Fed Cattle Supplies \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/36528-fed-cattle-supplies-ohio-beef-cattle-letter.md) | +1.9% | +1.9% |

## Sources

- u.osu.edu: https://u.osu.edu/beef/2019/10/30/inventory-insights/

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