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USDA's January Cattle on Feed report showed feedlot marketings up 1% and placements down 3.3%, with Texas placements down 22.7%. Lighter feeder placements fell while heavier feeder placements rose.
Lower placements signal tighter future fed cattle supply, supporting cattle prices, while slower marketings allow higher weights that could add to beef supply.
feedlotmagazine.comSource David Anderson, Ph.D., Professor, Extension Specialist, Texas Cattle Feeders AssociationJan 29, 2025After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.
After 227 past bullish report events, Feeder Cattle moved a median +0.4% over 5 sessions (57% higher; middle half -1.2% to +1.5%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
