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Agricultural News


Neutral All the Way- Tom Leffler Talks About Friday's Cattle on Feed Numbers

Mon, 22 Mar 2010 7:05:05 CDT

Neutral All the Way- Tom Leffler Talks About Friday's Cattle on Feed Numbers No Surprises on last Friday's Cattle on Feed Report- so says Tom Leffler of Leffler Commodities. We have comments from Tom on the report, based on a conversation he had with Ed Richards this past Friday afternoon.


Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.9 million head on March 1, 2010. The inventory was 3 percent below March 1, 2009.    


Placements in feedlots during February totaled 1.67 million, 1 percent below 2009. Net placements were 1.60 million head. During February, placements of cattle and calves weighing less than 600 pounds were 320,000, 600-699 pounds were 365,000, 700-799 pounds were 520,000, and 800 pounds and greater were 460,000.


Marketings of fed cattle during February totaled 1.72 million, 2 percent above 2009.


Click here for the complete report from the USDA.



   
   

Ed Richards Talks Cattle on Feed with Tom Leffler
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