# Beef Market Update: USDA Cattle on Feed, calving season, and dry pasture conditions on the Prairies - RealAgriculture

> USDA's April 1, 2019 Cattle on Feed report showed placements up 5 percent against analyst expectations of 4 percent, with other figures in line with forecasts. Analysts said spring cash cattle highs may be in, and noted that African swine fever could reshape trade flows and beef-pork-chicken substitution.

- Date: 2019-04-18 · published 2019-04-18T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/5962-beef-market-update-usda-cattle-on-feed-calving-season-and-dry-pasture
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Higher placements add to future feeding supplies, and analysts expect cash cattle to top out ahead of larger summer supplies, pointing to softer cattle prices later in the year.

## Read by commodity

- HOGS: bullish ▲
- CHICKEN: bullish ▲
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2018-04-21 | [Beef Market Update: Strong basis prompts cattle feeders to remain current - RealAgriculture](https://feedsoft.ai/events/65639-beef-market-update-strong-basis-prompts-cattle-feeders-to-remain-current.md) | +3.1% | -6.5% |
| LCATTLE | 2026-05-23 | [LIVESTOCK-Feeder cattle futures dive as USDA releases cattle-on-feed data \| MarketScreener India](https://feedsoft.ai/events/5389-livestock-feeder-cattle-futures-dive-as-usda-releases-cattle-on-feed-data.md) | -0.7% | +0.7% |
| LCATTLE | 2020-07-22 | [USDA Provides Update on Investigation Following 2019 Tyson Beef Plant Closure and COVID-19 Pandemic](https://feedsoft.ai/events/52055-usda-provides-update-on-investigation-following-2019-tyson-beef-plant-closure.md) | -0.0% | +6.9% |
| 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% |
| 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% |
| FCATTLE | 2018-04-21 | [Beef Market Update: Strong basis prompts cattle feeders to remain current - RealAgriculture](https://feedsoft.ai/events/65639-beef-market-update-strong-basis-prompts-cattle-feeders-to-remain-current.md) | +3.4% | -3.7% |
| FCATTLE | 2019-06-19 | [Cattle Prices, Pasture Conditions, and Feed Costs \| News \| feedlotmagazine.com](https://feedsoft.ai/events/58732-cattle-prices-pasture-conditions-and-feed-costs-news-feedlotmagazine-com.md) | -4.3% | +2.4% |
| FCATTLE | 2020-11-11 | [CME update: feed cattle futures dip as corn prices rise
						 \| The Cattle Site](https://feedsoft.ai/events/7939-cme-update-feed-cattle-futures-dip-as-corn-prices-rise-the-cattle-site.md) | -2.5% | -2.7% |

## Sources

- realagriculture.com: https://www.realagriculture.com/2019/04/beef-market-update-usda-cattle-on-feed-calving-season-and-dry-pasture-conditions-on-the-prairies/

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