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The USDA November Cattle on Feed report showed October feedlot placements at 2.245 million head (102.4% of last year) and marketings at 1.788 million (95.5%). The November 1 on-feed total was 11.948 million head, 99.8% of last year, the fifth straight monthly year-over-year decline.
Fed cattle prices had risen above $130/cwt as packers chased tighter supplies.
Shrinking feedlot inventories and tighter market-ready supplies support fed and feeder cattle prices, while higher cost of gain squeezes feeding margins.
wlj.netDerrell S. Peel, Oklahoma State University Extension livestock marketing specialist2021年11月24日在过去 268 次看涨的报告事件之后，活牛 在 5 个交易日内中位数变动 +0.3%（58% 上涨；中间一半区间为 -0.7% 至 +1.4%），20 个交易日内为 +1.7%。
在过去 227 次看涨的报告事件之后，架子牛 在 5 个交易日内中位数变动 +0.4%（57% 上涨；中间一半区间为 -1.2% 至 +1.5%），20 个交易日内为 +1.1%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
Cattle on Feed showed a fifth straight on-feed decline and lower marketings, signaling tighter supplies as packers chase cattle.
