# Cattle Current Weekly Highlights—Week ending Nov. 22, 2019 – Cattle Current Market Update

> Feeder cattle futures fell an average of $4.08 last week as a heavy calf run ahead of Thanksgiving pressured calf and feeder prices. The USDA Cattle on Feed report showed October feedlot placements up 10.19% from last year at 2.48 million head, though 2% below expectations. Negotiated fed cattle traded $1 higher at $116/cwt live.

- Date: 2019-11-22 · published 2019-11-22T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/7035-cattle-current-weekly-highlights-week-ending-nov-22-2019-cattle-current-market
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Heavy placements add expected cattle supply for the first half of next year, which weighs on feeder prices and feed demand outlook. Firm fed cash prices support finished-cattle values even as feeder prices soften.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2022-05-02 | [Cattle Current Daily—May 2, 2022 – Cattle Current Market Update](https://feedsoft.ai/events/6074-cattle-current-daily-may-2-2022-cattle-current-market-update.md) | +2.0% | +6.4% |
| FCATTLE | 2018-03-31 | [Cattle Current Daily-Apr. 2, 2018 – Cattle Current Market Update](https://feedsoft.ai/events/11973-cattle-current-daily-apr-2-2018-cattle-current-market-update.md) | -0.2% | +4.7% |
| FCATTLE | 2017-09-25 | [Cattle Current Daily-September 26 – Cattle Current Market Update](https://feedsoft.ai/events/69086-cattle-current-daily-september-26-cattle-current-market-update.md) | -0.8% | +0.1% |
| FCATTLE | 2020-09-26 | [Cattle Current Podcast—Sept. 28, 2020 – Cattle Current Market Update](https://feedsoft.ai/events/51243-cattle-current-podcast-sept-28-2020-cattle-current-market-update.md) | -0.3% | -4.8% |
| FCATTLE | 2018-04-21 | [Beef Market Update: Strong basis prompts cattle feeders to remain current - RealAgriculture](https://feedsoft.ai/events/65639-beef-market-update-strong-basis-prompts-cattle-feeders-to-remain-current.md) | +3.4% | -3.7% |
| LCATTLE | 2017-03-02 | [Weekly Cattle Market Wrap Up \| Feeder cattle move off wheat pastures](https://feedsoft.ai/events/6024-weekly-cattle-market-wrap-up-feeder-cattle-move-off-wheat-pastures.md) | -0.5% | +4.2% |
| LCATTLE | 2024-11-06 | [Weekly Cattle Market Trends: Cash Prices, Feedlot Margins, and Packing Plant Utilization - Beef Web](https://feedsoft.ai/events/27543-weekly-cattle-market-trends-cash-prices-feedlot-margins-and-packing-plant.md) | -1.0% | +1.0% |
| LCATTLE | 2022-12-12 | [Is the Spring 2023 Cash Cattle Market Pegged Correctly?](https://feedsoft.ai/events/38173-is-the-spring-2023-cash-cattle-market-pegged-correctly.md) | +0.2% | +1.5% |

## Sources

- cattlecurrent.com: https://cattlecurrent.com/cattle-current-weekly-highlights-week-ending-nov-22-2019/

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