# Farm Bureau: Low Inventory Leads to Uncertainty in Cattle Markets | American Ag Network

> Cattle on Feed supplies were steady with inventory close to last year, placements down about 2%, and marketings up about 2%. Cash cattle prices moved higher because strong packer margins let packers bid for the available fed cattle.

- Date: 2024-10-30 · published 2024-10-30T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/8085-farm-bureau-low-inventory-leads-to-uncertainty-in-cattle-markets-american-ag
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Higher packer margins support cash cattle prices despite ample fed supplies. Record retail beef prices could push consumers toward chicken and pork over time, which would limit cattle demand.

## Read by commodity

- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2024-02-05 | [U.S. Cattle Inventory Smallest in 73 years \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/31619-u-s-cattle-inventory-smallest-in-73-years-farm-bureau-intel-markets-american.md) | +1.8% | +4.3% |
| LCATTLE | 2021-02-04 | [January Cattle Inventory and Cattle on Feed Reports \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/48571-january-cattle-inventory-and-cattle-on-feed-reports-farm-bureau-intel-markets.md) | +0.8% | +2.4% |
| LCATTLE | 2023-02-02 | [Semiannual Cattle Inventory and Cattle Contract Library Set the Tone for the 2023 Marketing Year \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/10215-semiannual-cattle-inventory-and-cattle-contract-library-set-the-tone-for-the.md) | +1.7% | +4.8% |
| LCATTLE | 2026-02-10 | [Smaller Cattle Herd Creates Market Volatility \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/20724-smaller-cattle-herd-creates-market-volatility-farm-bureau-intel-markets.md) | +1.7% | -2.2% |
| LCATTLE | 2025-12-04 | [Bullish Cattle Report Does Not Indicate Herd Expansion \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/21454-bullish-cattle-report-does-not-indicate-herd-expansion-farm-bureau-intel.md) | +4.1% | +8.1% |

## Sources

- americanagnetwork.com: https://www.americanagnetwork.com/2024/10/30/farm-bureau-low-inventory-leads-to-uncertainty-in-cattle-markets/

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