# Live Cattle Take on Another On-Feed Report

> February live cattle closed up $2.15 at $176.80 in the week ending November 17 after hitting six-month lows, with nervous support from short covering. USDA's Cattle On-Feed report showed 11.931 million head on feed on November 1, up 1.7% year over year, slightly below expectations, and October placements up 3.8%, lighter than the 6 to 7% expected.

- Date: 2023-11-20 · published 2023-11-20T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/7973-live-cattle-take-on-another-on-feed-report
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Placements below expectations reduce near-term feedlot supply pressure and support live cattle prices, which is supportive for cattle-based feed demand. Lighter placements also suggest tighter fed cattle supplies later.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2025-05-26 | [What Cattle-on-Feed Report, EU Tariffs Mean for Live and Feeder Cattle Futures](https://feedsoft.ai/events/24799-what-cattle-on-feed-report-eu-tariffs-mean-for-live-and-feeder-cattle-futures.md) | +0.0% | +3.4% |
| LCATTLE | 2026-01-23 | [Cattle-on-Feed Report Shows Tighter Supply Ahead - RFD](https://feedsoft.ai/events/21189-cattle-on-feed-report-shows-tighter-supply-ahead-rfd.md) | +1.1% | +6.1% |
| LCATTLE | 2025-08-26 | [Review of the August Cattle on Feed Report - Southeast AgNET](https://feedsoft.ai/events/23480-review-of-the-august-cattle-on-feed-report-southeast-agnet.md) | +0.2% | -2.0% |
| LCATTLE | 2026-10-27 | [Cattle futures rally on bullish Cattle on Feed report](https://feedsoft.ai/events/571-cattle-futures-rally-on-bullish-cattle-on-feed-report.md) | -3.0% | — |
| LCATTLE | 2021-01-22 | [CME update: live cattle futures surge ahead of USDA Cattle on Feed report
						 \| The Beef Site](https://feedsoft.ai/events/49286-cme-update-live-cattle-futures-surge-ahead-of-usda-cattle-on-feed-report-the.md) | +0.7% | +2.4% |
| FCATTLE | 2025-05-26 | [What Cattle-on-Feed Report, EU Tariffs Mean for Live and Feeder Cattle Futures](https://feedsoft.ai/events/24799-what-cattle-on-feed-report-eu-tariffs-mean-for-live-and-feeder-cattle-futures.md) | +0.5% | +0.6% |
| FCATTLE | 2026-01-23 | [Cattle-on-Feed Report Shows Tighter Supply Ahead - RFD](https://feedsoft.ai/events/21189-cattle-on-feed-report-shows-tighter-supply-ahead-rfd.md) | +1.5% | +1.2% |
| FCATTLE | 2025-08-26 | [Review of the August Cattle on Feed Report - Southeast AgNET](https://feedsoft.ai/events/23480-review-of-the-august-cattle-on-feed-report-southeast-agnet.md) | +0.9% | +1.1% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/sort-cull/blog-post/2023/11/20/live-cattle-take-another-feed-report

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