United States Cattle on Feed Up 5 PercentFri, 21 Jan 2011 14:40:38 CST
The latest Cattle on Feed Numbers are out on Friday afternoon, January 20, 2011. The Placements, Marketings and On-Feed numbers were all higher or in line with pre-report estimates. According to Tom Leffler of Leffler Commodities, this latest report is negative, and depending on the cash market, could effect the futures market to the downside when trading begins Monday. 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 5 Percent
Cattle and calves on feed for slaughter market in the United States for
feedlots with capacity of 1,000 or more head totaled 11.5 million head on
January 1, 2011. The inventory was 5 percent above January 1, 2010. The
inventory included 7.18 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 4.26 million head, up
5 percent from 2010.
Placements in feedlots during December totaled 1.80 million, 16 percent above
2009. Net placements were 1.73 million head. During December, placements of
cattle and calves weighing less than 600 pounds were 480,000, 600-699 pounds
were 495,000, 700-799 pounds were 440,000, and 800 pounds and greater were
Marketings of fed cattle during December totaled 1.83 million, 5 percent
above 2009. This is the second highest fed cattle marketings for the month of
December since the series began in 1996.
Other disappearance totaled 65,000 during December, 10 percent below 2009.
Number of Cattle on Feed, Placements, Marketings, and Other Disappearance on
1,000+ Capacity Feedlots - United States: January 1, 2010 and 2011
You can see the complete breakdown of the latest Cattle On Feed numbers by clicking on the following link: Cattle On Feed, January 21, 2011
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