Agricultural News
The Latest Cattle on Feed Report shows friendlier numbers than expected.
Fri, 25 Jan 2013 14:39:33 CST
The latest Cattle on Feed Numbers are out on Friday afternoon, January 25, 2013 showing friendlier numbers than expected. The On-Feed number came in at 94 percent with the trade looking for at least 95 percent. Placements in December came in at 99 percent with the trade looking for as high as 104 percent. Marketing were at 98 percent year ago levels with the trade looking for 98.2 percent. Click on the listening bar at the bottom of the page to hear Tom Leffler of Leffler Commodities break down the latest Cattle on Feed numbers.
United States Cattle on Feed Down 6 Percent
Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.2 million head on January 1, 2013. The inventory was 6 percent below January 1, 2012. The inventory included 7.05 million steers and steer calves, down 3 percent from the previous year. This group accounted for 63 percent of the total inventory. Heifers and heifer calves accounted for 4.07 million head, down 9 percent from 2012.
Placements in feedlots during December totaled 1.66 million, 1 percent below 2011. Net placements were 1.59 million head. During December, placements of cattle and calves weighing less than 600 pounds were 495,000, 600-699 pounds were 415,000, 700-799 pounds were 379,000, and 800 pounds and greater were 375,000.
Marketings of fed cattle during December totaled 1.75 million, 2 percent below 2011.
Other disappearance totaled 74,000 during December, 19 percent below 2011.
To view the complete numbers, click on the following link - Cattle on Feed January 25, 2013
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