Agricultural News
United States Cattle on Feed Up 8 Percent - The third largest August On-Feed number in 16 years.
Wed, 24 Aug 2011 14:54:13 CDT
The latest Cattle on Feed Numbers are out on Friday afternoon, August 19, 2011 and the figures released by USDA are
United States Cattle on Feed Up 8 Percent
Today's Cattle on Feed report shows the third largest August On-Feed number in the past 16 years.
Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.6 million head on
August 1, 2011. The inventory was 8 percent above August 1, 2010. This is the third highest August 1 inventory since the series began in 1996.
Placements in feedlots during July totaled 2.15 million, 22 percent above 2010. This is the highest placement total for the month of July since the
series began in 1996. Net placements were 2.09 million head. During July, placements of cattle and calves weighing less than 600 pounds were 625,000,
600-699 pounds were 405,000, 700-799 pounds were 498,000, and 800 pounds and greater were 625,000.
Marketings of fed cattle during July totaled 1.91 million, slightly above 2010. This is the second lowest fed cattle marketings for the month of July
since the series began in 1996.
Other disappearance totaled 67,000 during July, 40 percent above 2010.
You can see the breakdown of all the numbers by clicking on the following link: USDA Cattle on Feed Report
Tom Leffler of Leffler Commodities has the analysis of the report. Click on the listening bar below.
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