# Markets dally before COF report | Western Livestock Journal

> Markets traded sideways ahead of the May Cattle on Feed report, with analysts expecting May 1 on-feed up 2.9%, April placements up 13.5% and April marketings up 6.6%. Cash fed cattle traded mostly $114.50 to $118.50 live, averaging $115.82.

- Date: 2019-05-23 · published 2019-05-23T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/5753-markets-dally-before-cof-report-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Expectations for the biggest May 1 supply and record April placements point to heavier feedlot supplies, which would weigh on cattle futures if confirmed.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2019-05-23 | 1 | +5.6% | 6.3 | Markets steadied ahead of the Cattle on Feed report with expectations largely priced in and strong cash fed cattle trade, supporting a bounce from lows. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-08-28 | [Markets slide lower on COF news \| Western Livestock Journal](https://feedsoft.ai/events/51751-markets-slide-lower-on-cof-news-western-livestock-journal.md) | -0.2% | +0.9% |
| LCATTLE | 2021-04-09 | [Rising feed prices impact cattle markets \| Western Livestock Journal](https://feedsoft.ai/events/47743-rising-feed-prices-impact-cattle-markets-western-livestock-journal.md) | +0.6% | -3.2% |
| LCATTLE | 2019-01-08 | [Beef cattle market: 2018 in review and a look ahead \| Western Livestock Journal](https://feedsoft.ai/events/61217-beef-cattle-market-2018-in-review-and-a-look-ahead-western-livestock-journal.md) | +1.4% | +1.6% |
| LCATTLE | 2023-10-27 | [Pete's Comments: Speed bump \| Western Livestock Journal](https://feedsoft.ai/events/33775-pete-s-comments-speed-bump-western-livestock-journal.md) | +0.2% | -5.4% |
| LCATTLE | 2020-03-09 | [Cattle feeding returns faltering \| Western Livestock Journal](https://feedsoft.ai/events/5174-cattle-feeding-returns-faltering-western-livestock-journal.md) | -5.6% | -6.9% |
| FCATTLE | 2020-08-28 | [Markets slide lower on COF news \| Western Livestock Journal](https://feedsoft.ai/events/51751-markets-slide-lower-on-cof-news-western-livestock-journal.md) | -3.1% | -1.2% |
| FCATTLE | 2021-04-09 | [Rising feed prices impact cattle markets \| Western Livestock Journal](https://feedsoft.ai/events/47743-rising-feed-prices-impact-cattle-markets-western-livestock-journal.md) | -4.8% | -11.3% |
| FCATTLE | 2019-01-08 | [Beef cattle market: 2018 in review and a look ahead \| Western Livestock Journal](https://feedsoft.ai/events/61217-beef-cattle-market-2018-in-review-and-a-look-ahead-western-livestock-journal.md) | -0.8% | -1.5% |

## Sources

- wlj.net: https://www.wlj.net/markets-dally-before-cof-report/

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