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Agricultural News

July Cattle on Feed Numbers are called Neutral. No surprises in the Inventory Report.

Fri, 23 Jul 2010 14:33:00 CDT

The latest Cattle on Feed Numbers are out on Friday afternoon, July 23, 2010 and the figures released by USDA are neutral with some positive news, some negative. Also released is the semi-annual Cattle Inventory report. It showed no surprises.


   

U.S. Cattle on Feed Up 3 Percent
Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.1 million head on July 1, 2010.
The inventory was 3 percent above July 1, 2009. The inventory included 6.25 million steers and steer calves, up 4 percent from the previous year. This group accounted for 62 percent of the total inventory. Heifers and heifer calves accounted for 3.77 million head, up 1 percent from 2009.
Placements in feedlots during June totaled 1.63 million, 17 percent above 2009. Net placements were 1.57 million head. During June, placements of cattle and calves weighing less than 600 pounds were 440,000, 600-699 pounds were 300,000, 700-799 pounds were 408,000, and 800 pounds and greater were 480,000.
Marketings of fed cattle during June totaled 2.00 million, slightly above 2009. Other disappearance totaled 55,000 during June, 4 percent below 2009.
July 1 Cattle Inventory Down 1 Percent
All cattle and calves in the United States as of July 1, 2010, totaled 100.8 million head, 1 percent below the 102.0 million on July 1, 2009.
All cows and heifers that have calved, at 40.8 million, were down 1 percent from July 1, 2009. * Beef cows, at 31.7 million, were down 2 percent from July 1, 2009.
* Milk cows, at 9.1 million, were down 1 percent from July 1, 2009. Other class estimates on July 1, 2010 and the changes from July 1, 2009, are as follows:
* All heifers 500 pounds and over, 16.1 million, down 1 percent.
* Beef replacement heifers, 4.4 million, down 2 percent.
* Milk replacement heifers, 4.1 million, up 3 percent.
* Other heifers, 7.7 million, down 1 percent.
* Steers weighing 500 pounds and over, 14.3 million, down 1 percent.
* Bulls weighing 500 pounds and over, 2.1 million, unchanged.
* Calves under 500 pounds, 27.5 million, down 1 percent.
* All cattle and calves on feed for slaughter, 12.0 million, up 3 percent.
Calf Crop Down 1 Percent The 2010 calf crop is expected to be 35.4 million, down 1 percent from 2009. Calves born during the first half of the year are estimated at 25.7 million, down 1 percent from 2009.



   

Ed Richards talks with Tom Leffler who breaks down the COF numbers and the Inventory Report right-click to download mp3

 

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