# Feeder cattle futures were sharply lower - Brownfield Ag News

> Feeder cattle futures fell sharply after the USDA February 1 Cattle on Feed report showed on-feed numbers up 1%, January placements up 11%, and marketings up 10%. Live cattle contracts also settled lower, with aggressive triple-digit losses in all but the February contract.

- Date: 2017-02-24 · published 2017-02-24T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/8680-feeder-cattle-futures-were-sharply-lower-brownfield-ag-news
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Higher placements and marketings point to more feeder cattle supply, which pressures feeder futures and reduces the price outlook for feeder cattle.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2020-02-12 | [Cattle, hog futures lower following USDA report - Brownfield Ag News](https://feedsoft.ai/events/54713-cattle-hog-futures-lower-following-usda-report-brownfield-ag-news.md) | +4.5% | -8.4% |
| FCATTLE | 2021-06-17 | [Live cattle, hogs sharply lower heading into Friday - Brownfield Ag News](https://feedsoft.ai/events/6260-live-cattle-hogs-sharply-lower-heading-into-friday-brownfield-ag-news.md) | -1.3% | -0.2% |
| FCATTLE | 2017-07-24 | [Cattle futures hit hard by on feed, inventory numbers - Brownfield Ag News](https://feedsoft.ai/events/70086-cattle-futures-hit-hard-by-on-feed-inventory-numbers-brownfield-ag-news.md) | -4.5% | -8.1% |
| FCATTLE | 2021-09-27 | [Cattle, hog futures react to Friday's USDA reports - Brownfield Ag News](https://feedsoft.ai/events/45189-cattle-hog-futures-react-to-friday-s-usda-reports-brownfield-ag-news.md) | -1.2% | +0.5% |
| FCATTLE | 2020-06-27 | [Hog futures lower following Hogs and Pigs report - Brownfield Ag News](https://feedsoft.ai/events/52770-hog-futures-lower-following-hogs-and-pigs-report-brownfield-ag-news.md) | +2.7% | +5.1% |
| LCATTLE | 2020-02-12 | [Cattle, hog futures lower following USDA report - Brownfield Ag News](https://feedsoft.ai/events/54713-cattle-hog-futures-lower-following-usda-report-brownfield-ag-news.md) | +0.1% | -9.0% |
| LCATTLE | 2021-06-17 | [Live cattle, hogs sharply lower heading into Friday - Brownfield Ag News](https://feedsoft.ai/events/6260-live-cattle-hogs-sharply-lower-heading-into-friday-brownfield-ag-news.md) | +1.2% | +0.4% |
| LCATTLE | 2017-07-24 | [Cattle futures hit hard by on feed, inventory numbers - Brownfield Ag News](https://feedsoft.ai/events/70086-cattle-futures-hit-hard-by-on-feed-inventory-numbers-brownfield-ag-news.md) | -1.6% | -6.2% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/feeder-cattle-futures-sharply-lower/

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