Do we have a placement prediction problem?

After 44 past neutral report events, Feeder Cattle moved a median +0.3% over 5 sessions (59% higher; middle half -0.9% to +1.0%), and +0.5% over 20.

• Nov 4, 2019October Cattle on Feed hits expectations | Western Livestock Journal-1.4%
• Feb 5, 2021Cattle inventories drift slightly lower | Western Livestock Journal-0.3%
• Jan 19, 2024Livestock markets to have several positives, according to WASDE - High Plains Journal+0.5%
• Feb 6, 2020US cattle herd expansion ends | Meat & Livestock Australia-0.5%
• Apr 1, 2022Corn Costs and Cattle Placement Weights | UNL Beef | Nebraska+0.3%

After 78 past neutral report events, Live Cattle moved a median +0.2% over 5 sessions (54% higher; middle half -1.0% to +1.0%), and +0.7% over 20.

• Oct 2, 2020Cattle on Feed report pushes feeders south | Western Livestock Journal+1.5%
• Jan 19, 2024Livestock markets to have several positives, according to WASDE - High Plains Journal+0.9%
• Mar 20, 2024Latest WASDE report raises red meat, poultry production - High Plains Journal-0.8%
• Sep 30, 2022Prices Steady On Wisconsin Livestock - Mid-West Farm Report+0.4%
• Dec 6, 2021Livestock and cropping to produce record ag result - Sheep Central+0.5%