# U.S. livestock: Cattle futures rally after bullish USDA data - Grainews

> CME cattle futures rose on November 21, 2018 after USDA Cattle on Feed data showed 11.692 million head in US feedlots as of November 1, up 3% year over year but below expectations. October placements fell 6% to 2.248 million head, well below forecasts.

- Date: 2018-11-21 · published 2018-11-21T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/62167-u-s-livestock-cattle-futures-rally-after-bullish-usda-data-grainews
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tighter feedlot supplies into March-June 2019 support live and feeder cattle prices, though traders remain cautious about how aggressively packers will bid in cash markets.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2026-10-27 | [Cattle futures rally on bullish Cattle on Feed report](https://feedsoft.ai/events/571-cattle-futures-rally-on-bullish-cattle-on-feed-report.md) | -3.0% | — |
| LCATTLE | 2026-10-11 | [Cattle futures rally on bullish WASDE corn surprise](https://feedsoft.ai/events/17198-cattle-futures-rally-on-bullish-wasde-corn-surprise.md) | +0.6% | — |
| LCATTLE | 2018-09-28 | [U.S. livestock: CME lean hogs, cattle rise on month-end buying - Grainews](https://feedsoft.ai/events/63192-u-s-livestock-cme-lean-hogs-cattle-rise-on-month-end-buying-grainews.md) | +0.2% | -0.2% |
| LCATTLE | 2018-05-25 | [U.S. livestock: Feeder cattle extend gains on drop in placements - Grainews](https://feedsoft.ai/events/11033-u-s-livestock-feeder-cattle-extend-gains-on-drop-in-placements-grainews.md) | -1.8% | +0.5% |
| LCATTLE | 2024-09-23 | [US cattle futures finish higher, USDA data seen as neutral - CME
						 \| The Cattle Site](https://feedsoft.ai/events/28447-us-cattle-futures-finish-higher-usda-data-seen-as-neutral-cme-the-cattle-site.md) | +0.9% | +2.8% |
| FCATTLE | 2026-10-27 | [Cattle futures rally on bullish Cattle on Feed report](https://feedsoft.ai/events/571-cattle-futures-rally-on-bullish-cattle-on-feed-report.md) | -4.1% | — |
| FCATTLE | 2026-10-11 | [Cattle futures rally on bullish WASDE corn surprise](https://feedsoft.ai/events/17198-cattle-futures-rally-on-bullish-wasde-corn-surprise.md) | -0.1% | — |
| FCATTLE | 2018-05-25 | [U.S. livestock: Feeder cattle extend gains on drop in placements - Grainews](https://feedsoft.ai/events/11033-u-s-livestock-feeder-cattle-extend-gains-on-drop-in-placements-grainews.md) | +7.3% | +9.4% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-cattle-futures-rally-after-bullish-usda-data/

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