Agricultural News
United States Cattle on Feed Up 3 Percent
Fri, 17 Dec 2010 14:45:28 CST
The latest Cattle on Feed Numbers are out on Friday afternoon, December 17, 2010. On-Feed, Placements and Marketing numbers all showed an expected increase over year-ago numbers. The report is being looked at as neutral and these numbers should not have a big influence on the markets next week. You can hear an analysis of the latest Cattle on Feed Report from Tom Leffler of Leffler Commoditites by clicking on the listening bar below.
United States 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 11.6 million head on December 1, 2010. The inventory was 3 percent above December 1, 2009.
Placements in feedlots during November totaled 1.96 million, 6 percent above 2009. Net placements were 1.90 million head. During November, placements of
cattle and calves weighing less than 600 pounds were 625,000, 600-699 pounds were 590,000, 700-799 pounds were 373,000, and 800 pounds and greater were 370,000.
Marketings of fed cattle during November totaled 1.77 million, 9 percent above 2009.
Other disappearance totaled 62,000 during November, 6 percent below 2009.
You can read the entire USDA report by clicking on the link: Cattle on Feed Numbers
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