Agricultural News
U.S. Cattle on Feed Up 2 Percent
Fri, 20 Jul 2012 14:35:47 CDT
United States Cattle on Feed up Two Percent
The latest USDA Cattle on Feed report was released Friday afternoon, July 20, 2012, showed the On Feed come in at 102 percent of year ago levels, less than the trade had estimated. Placements came in at 98 percent of year ago levels, slightly less than what the trade estimated. Marketings came in one percent above trade estimates at 94 percent. The overall report is looked on as neutral with very little impact on the markets.
You can hear Tom Leffler of Leffler Commodities breakdown all the numbers released today and his take on how it will effect the markets. Just click on the listening bar at the bottom of the page.
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 10.7 million head on July 1, 2012. The inventory was 3 percent above July 1, 2011. The inventory included 6.74 million steers and steer calves, up 4 percent from the previous year. This group accounted for 63 percent of the total inventory. Heifers and heifer calves accounted for 3.92 million head, up 1 percent from 2011.
Placements in feedlots during June totaled 1.66 million, 2 percent below 2011. Net placements were 1.60 million head. During June, placements of cattle and calves weighing less than 600 pounds were 460,000, 600-699 pounds were 320,000, 700-799 pounds were 390,000, and 800 pounds and greater were 494,000.
Marketings of fed cattle during June totaled 1.97 million, 6 percent below 2011. This is the lowest fed cattle marketings for the month of June since the series began in 1996.
Other disappearance totaled 66,000 during June, 8 percent below 2011. United States All Cattle on Feed Up 1 Percent Cattle on feed July 1, 2012, from all feedlots in the United States, totaled 12.3 million, up 1 percent from the 12.2 million on July 1, 2011. Cattle on feed in feedlots with 1,000 or more head accounted for 87 percent of the total cattle on feed on July 1, 2012, up from 86 percent last year. Number of Cattle on Feed, Placements, Marketings, and Other Disappearance on 1,000+ Capacity Feedlots - United States: July 1, 2011 and 2012.
To view all the numbers, click on the following link - Cattle on Feed Report July 20,2012
Click on the listening bar at the bottom of the page to hear Tom Leffler of Leffler Commodities analyze the latest Cattle on Feed numbers.
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