# Feedlot profits drive large placements | Capital Press

> USDA's July cattle on feed report showed June placements into large feedlots up 16 percent year over year at 1.77 million head, about 10 percent above analyst expectations. Total on-feed numbers on July 1 exceeded 10.8 million, 465,000 head above last year.

- Date: 2017-07-26 · published 2017-07-26T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/70103-feedlot-profits-drive-large-placements-capital-press
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Surprisingly strong placements and high feedlot inventories signal more fed cattle ahead and robust grain demand from feedlots, while the profitable feedlot returns encourage continued placements.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-12-28 | [Large feedlot numbers tempered by light weights \| Capital Press](https://feedsoft.ai/events/67611-large-feedlot-numbers-tempered-by-light-weights-capital-press.md) | +0.2% | +2.0% |
| CORN | 2024-11-26 | [USDA Reports Rising Cattle Feedlot Placements](https://feedsoft.ai/events/27556-usda-reports-rising-cattle-feedlot-placements.md) | -0.6% | +4.7% |
| CORN | 2024-01-01 | [Feedlot placements ‘finally’ below year-ago levels](https://feedsoft.ai/events/32854-feedlot-placements-finally-below-year-ago-levels.md) | -2.0% | -3.6% |
| CORN | 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) | +0.0% | +5.4% |
| CORN | 2022-08-27 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/40181-national-feeder-and-stocker-cattle-report-capital-press.md) | +0.5% | -0.0% |
| LCATTLE | 2017-12-28 | [Large feedlot numbers tempered by light weights \| Capital Press](https://feedsoft.ai/events/67611-large-feedlot-numbers-tempered-by-light-weights-capital-press.md) | +1.6% | +2.6% |
| LCATTLE | 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) | +0.1% | +4.1% |
| 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% |

## Sources

- capitalpress.com: https://capitalpress.com/2017/07/26/feedlot-profits-drive-large-placements/

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