# Feeder Cattle Auction report | West Plains Daily Quill

> Feeder cattle auction receipts were 5,885 head, with calf and yearling prices trading 3 to 12 dollars lower on moderate demand against heavy supply. The Cattle on Feed report showed June 1 inventory at its highest since the series began, 4 percent above a year ago, with placements only slightly above last year and marketings 5 percent higher.

- Date: 2018-06-29 · published 2018-06-29T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/64679-feeder-cattle-auction-report-west-plains-daily-quill
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Record cattle inventories and higher marketings point to more feed demand over the coming months but also more beef supply, which pressures cattle prices. Heavy feeder supply weighs on auction prices for buyers tracking feedlot placements.

## Read by commodity

- CORN: bullish ▲
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2020-02-28 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/12521-national-feeder-and-stocker-cattle-report-capital-press.md) | +0.8% | -1.3% |
| FCATTLE | 2021-05-28 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/47235-national-feeder-and-stocker-cattle-report-capital-press.md) | +10.0% | +17.1% |
| FCATTLE | 2019-11-22 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/7039-national-feeder-and-stocker-cattle-report-capital-press.md) | -2.2% | -0.9% |
| FCATTLE | 2020-03-13 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/9943-national-feeder-and-stocker-cattle-report-capital-press.md) | -1.5% | +0.6% |
| FCATTLE | 2020-08-28 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/51750-national-feeder-and-stocker-cattle-report-capital-press.md) | -3.1% | -1.2% |
| LCATTLE | 2020-02-28 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/12521-national-feeder-and-stocker-cattle-report-capital-press.md) | -3.8% | -7.3% |
| LCATTLE | 2020-08-28 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/51750-national-feeder-and-stocker-cattle-report-capital-press.md) | -0.2% | +0.9% |
| LCATTLE | 2020-03-13 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/9943-national-feeder-and-stocker-cattle-report-capital-press.md) | -4.4% | -4.0% |

## Sources

- westplainsdailyquill.net: https://westplainsdailyquill.net/2018/06/29/feeder-cattle-auction-report-34/

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