# Feedlots full, cattle prices slipping | Iowa Agribusiness Radio Network

> Oklahoma State economist Derrell Peel reviews the June 1 Cattle on Feed report, which showed 11.553 million head in feedlots, the largest June 1 inventory since the series began in 1996. Feedlot inventories have risen year-over-year for 18 straight months, and placements were slightly higher than last year.

- Date: 2018-06-26 · published 2018-06-26T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/64644-feedlots-full-cattle-prices-slipping-iowa-agribusiness-radio-network
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Record feedlot inventories signal ample beef supply and pressure on cattle prices. Feed buyers should expect continued weakness in fed cattle values as larger inventories move to market.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2019-07-22 | [High feed prices challenge cattle producers \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/58234-high-feed-prices-challenge-cattle-producers-iowa-agribusiness-radio-network.md) | +0.3% | -4.1% |
| LCATTLE | 2019-06-28 | [Higher priced corn challenging cattle prices \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/9501-higher-priced-corn-challenging-cattle-prices-iowa-agribusiness-radio-network.md) | -1.8% | +0.3% |
| LCATTLE | 2018-05-31 | [Beef prices are coming down. Consumers rejoice, producers retrench. \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/65131-beef-prices-are-coming-down-consumers-rejoice-producers-retrench-iowa.md) | +1.2% | -0.2% |
| LCATTLE | 2023-11-20 | [Strong Feeder Cattle Sales Boost Feedlot Numbers - Northern Ag Network](https://feedsoft.ai/events/7867-strong-feeder-cattle-sales-boost-feedlot-numbers-northern-ag-network.md) | -0.6% | -2.7% |
| 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% |
| FCATTLE | 2019-07-22 | [High feed prices challenge cattle producers \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/58234-high-feed-prices-challenge-cattle-producers-iowa-agribusiness-radio-network.md) | +2.7% | -3.9% |
| FCATTLE | 2019-06-28 | [Higher priced corn challenging cattle prices \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/9501-higher-priced-corn-challenging-cattle-prices-iowa-agribusiness-radio-network.md) | +2.2% | +5.8% |
| FCATTLE | 2021-02-12 | [Rising feed costs may change feeder cattle market \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/48785-rising-feed-costs-may-change-feeder-cattle-market-iowa-agribusiness-radio.md) | -0.0% | -2.0% |

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/feedlots-full-cattle-prices-slipping/

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