The latest Cattle on Feed report can shape expectations fast—but the market reaction doesn’t always match the headline. In this episode of Bushels and Beef, Seth Vander Weide breaks down key takeaways from the March Cattle on Feed report and why higher placements didn’t automatically translate into a major futures selloff.

They dig into what may be influencing cattle markets right now, including drought and wildfire pressure in parts of the Plains, how that can impact placement timing, and why the next phase of this cycle may depend heavily on the demand side—from boxed beef movement to consumer sensitivity (fuel costs, inflation, and broader uncertainty).

The conversation also touches on the “tight supply” backdrop (including heifer retention questions), and why producers often focus on staying current, managing leverage, and thinking in scenarios instead of trying to predict one exact outcome.

This video is provided for general education and market commentary only and is not individualized trading, hedging, insurance, or financial advice, and is not a solicitation to buy or sell futures, options, or any other commodity interest. Trading futures and options involves substantial risk of loss and may not be suitable for all investors. Past performance is not necessarily indicative of future results. Consult your advisors regarding decisions for your specific operation.