United States Cattle on Feed Up 5 PercentThu, 21 Apr 2011 21:11:39 CDT
United States Cattle on Feed Up 5 Percent
The latest Cattle on Feed Numbers are out on Thursday afternoon, April 21, 2011, a day early because of the Good Friday holiday. In all categories, On-Feed, Placements and Marketings, the numbers showed increases, but no surprises from the pre-report estimates. Tom Leffler of Leffler Commodities has a complete analysis of the report and what it could mean when trading resumes Monday morning. Just click on the listening bar below.
The Department of Agriculture’s Cattle on Feed report, released Thursday, indicates the number of cattle and calves on feed for slaughter in the United States for feedlots with capacity of one-thousand or more head totaled 11.3-million head on April 1, 2011. That is five-percent above the April 1, 2010 number. The inventory included 7.12-million steers and steer calves, up seven percent from the previous year. This group accounted for 63 percent of the total inventory. Heifers and heifer calves accounted for 4.10-million head, up two percent from 2010.
According to USDA, placements in feedlots during March totaled 1.92-million, three percent above 2010. Net placements were 1.87-million head. During March, placements of cattle and calves weighing less than 600 pounds were 380-thousand; 600-699 pounds were 360-thousand; 700-799 pounds were 588-thousand and 800 pounds and greater were 590-thousand head.
Marketings of fed cattle during March totaled 1.99-million head, four percent above 2010. This is the second highest fed cattle marketings figures for the month of March since the series began in 1996. Other disappearance totaled 52-thousand during March, 13 percent below 2010.
You can view all the specific numbers by clicking on the following USDA link:
Cattle on Feed Report
Click on the listening bar below to hear Radio Oklahoma's Ed Richards talk with Tom Leffler of Leffler Commodities, as they break down the numbers of the latest Cattle on Feed report.
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