# Aggressive marketings keep feedlots current at year end

> USDA's December Cattle on Feed report showed feedlot inventories on December 1 at 11.739 million head, up 2% and the largest December total since 2011. November placements fell 5% year over year, the third straight monthly decline. Lower carcass weights and aggressive marketings kept feedlots current.

- Date: 2018-12-31 · published 2018-12-31T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/7357-aggressive-marketings-keep-feedlots-current-at-year-end
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower placements tighten feeder cattle supply ahead, which supports feeder prices, though large inventories and lighter carcass weights cap fed cattle gains. The price direction is bullish for feeders and neutral for fed cattle.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2018-12-31 | 1 | +1.8% | 4.3 | The Cattle on Feed report released on the move date showed a 5% drop in November placements, a third straight monthly decline, which signals tighter forward supply and likely supported futures even though inventories were up 2%. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2020-12-22 | [Feedlot inventory near year-ago levels](https://feedsoft.ai/events/49804-feedlot-inventory-near-year-ago-levels.md) | -0.7% | -3.4% |
| FCATTLE | 2022-06-01 | [Cattle Supply and Demand Issues for the 2022 Marketing Year](https://feedsoft.ai/events/41547-cattle-supply-and-demand-issues-for-the-2022-marketing-year.md) | +4.4% | +3.4% |
| FCATTLE | 2019-03-25 | [Shutdown delays prevent full view of market - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/60224-shutdown-delays-prevent-full-view-of-market-progressive-cattle-ag-proud.md) | +1.6% | +5.5% |
| FCATTLE | 2024-01-01 | [Feedlot placements ‘finally’ below year-ago levels](https://feedsoft.ai/events/32854-feedlot-placements-finally-below-year-ago-levels.md) | +0.7% | +8.6% |
| FCATTLE | 2018-12-04 | [Gates close on cattle entering feedlots](https://feedsoft.ai/events/61711-gates-close-on-cattle-entering-feedlots.md) | +1.9% | +1.4% |
| LCATTLE | 2018-01-24 | [Market Report: Cattle on feed continue to remain large - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/67092-market-report-cattle-on-feed-continue-to-remain-large-progressive-cattle-ag.md) | +1.5% | +5.0% |
| LCATTLE | 2019-11-22 | [Cattle Current Weekly Highlights—Week ending Nov. 22, 2019 – Cattle Current Market Update](https://feedsoft.ai/events/7035-cattle-current-weekly-highlights-week-ending-nov-22-2019-cattle-current-market.md) | +1.1% | +2.9% |
| LCATTLE | 2019-01-18 | [Missing market reports now could mean trouble later - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/61222-missing-market-reports-now-could-mean-trouble-later-progressive-cattle-ag-proud.md) | -0.6% | +0.1% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/market-news/aggressive-marketings-keep-feedlots-current-at-year-end

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