# Cattle plunge on large placements; China uncertainty remains | Local News | enidnews.com

> Feeder cattle futures settled about $3.20 to $3.30 lower after the November Cattle on Feed report, as October placements came in at 110.2% of last year, a nine-year high. On-feed numbers were at an eight-year high of 101.2%, while marketings were slightly below expectations.

- Date: 2019-11-23 · published 2019-11-23T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/7036-cattle-plunge-on-large-placements-china-uncertainty-remains-local-news-enidnews
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Larger placements point to higher beef production in the first half of next year, which must be absorbed by stronger demand to restore earlier price levels. This keeps feeder futures under pressure.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2026-05-28 | [Placements of Cattle on Feed up 6% \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/19413-placements-of-cattle-on-feed-up-6-industry-news-feedlotmagazine-com.md) | -3.4% | +5.3% |
| FCATTLE | 2017-10-21 | [U.S. September cattle placements surge - Grainews](https://feedsoft.ai/events/68605-u-s-september-cattle-placements-surge-grainews.md) | +1.9% | -1.2% |
| FCATTLE | 2019-12-02 | [Understanding 'Placements' in the Cattle on Feed Report](https://feedsoft.ai/events/55713-understanding-placements-in-the-cattle-on-feed-report.md) | -0.5% | +2.2% |
| FCATTLE | 2017-01-30 | [Cattle placements bearish, but with some good news - Brownfield Ag News](https://feedsoft.ai/events/73110-cattle-placements-bearish-but-with-some-good-news-brownfield-ag-news.md) | -3.0% | -2.8% |
| FCATTLE | 2025-12-22 | [Cattle Prices Lowered but Supply Fundamentals Remain \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/21641-cattle-prices-lowered-but-supply-fundamentals-remain-industry-news.md) | +0.4% | +5.1% |
| LCATTLE | 2017-10-21 | [U.S. September cattle placements surge - Grainews](https://feedsoft.ai/events/68605-u-s-september-cattle-placements-surge-grainews.md) | +1.6% | +8.5% |
| LCATTLE | 2019-12-02 | [Understanding 'Placements' in the Cattle on Feed Report](https://feedsoft.ai/events/55713-understanding-placements-in-the-cattle-on-feed-report.md) | +0.5% | +3.9% |
| LCATTLE | 2022-04-01 | [Corn Costs and Cattle Placement Weights \| UNL Beef \| Nebraska](https://feedsoft.ai/events/7627-corn-costs-and-cattle-placement-weights-unl-beef-nebraska.md) | -0.4% | +2.4% |

## Sources

- enidnews.com: https://www.enidnews.com/news/local_news/cattle-plunge-on-large-placements-china-uncertainty-remains/article_e211639a-a75a-5ab1-9ed5-4b60c633c363.html

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