# Feedlot inventories peaking?

> USDA's Cattle on Feed report showed September 1 feedlot inventories at 10.98 million head, down 1.3% from last year and the first year-over-year decline since December 2016. August placements fell 9% year over year, partly due to the Tyson Foods beef plant fire on August 9. An Oklahoma State economist expects plenty of new-crop calves to be marketed this fall, with feeder supplies ample through 2020.

- Date: 2019-09-23 · published 2019-09-23T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/57205-feedlot-inventories-peaking
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Ample feeder supplies through 2020 point to continued pressure on feeder cattle prices. The placement drop and delayed marketings from the plant disruption may shift some supply timing but do not change the overall outlook.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2020-02-24 | [U.S. feedlot inventories mostly neutral](https://feedsoft.ai/events/12067-u-s-feedlot-inventories-mostly-neutral.md) | -6.4% | -13.9% |
| FCATTLE | 2024-12-18 | [Heifers continue to buoy feedlot inventory \| Ag Proud](https://feedsoft.ai/events/27094-heifers-continue-to-buoy-feedlot-inventory-ag-proud.md) | -0.6% | +6.2% |
| FCATTLE | 2020-04-30 | [Feeder cattle aren't in feedlots](https://feedsoft.ai/events/53784-feeder-cattle-aren-t-in-feedlots.md) | +3.8% | +13.3% |
| 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 | 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% |
| LCATTLE | 2024-12-18 | [Heifers continue to buoy feedlot inventory \| Ag Proud](https://feedsoft.ai/events/27094-heifers-continue-to-buoy-feedlot-inventory-ag-proud.md) | -0.3% | +3.3% |
| 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% |
| LCATTLE | 2018-06-08 | [Projecting feeder cattle prices in 2018](https://feedsoft.ai/events/64683-projecting-feeder-cattle-prices-in-2018.md) | +0.8% | -2.6% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/agribusiness-news/feedlot-inventories-peaking-

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