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Agricultural News

U.S. Cattle on Feed Down 6 percent

Fri, 22 Feb 2013 14:36:23 CST

The latest Cattle on Feed Numbers are out on Friday afternoon, February 22, 2013 with On Feed coming in close to trade estimates at 94 percent. According to Tom Leffler at Leffler Commodities, the report is looking neutral to a little bearish. You can hear Tom's analysis of the latest Cattle on Feed numbers by clicking the listening bar below.

   



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 11.1 million head on February 1, 2013. The inventory was 6 percent below February 1, 2012.

Placements in feedlots during January totaled 1.88 million, 2 percent above 2012. Net placements were 1.80 million head. During January, placements of cattle and calves weighing less than 600 pounds were 445,000, 600-699 pounds were 395,000, 700-799 pounds were 535,000, and 800 pounds and greater were 501,000.

Marketings of fed cattle during January totaled 1.92 million, 6 percent above 2012.


Other disappearance totaled 79,000 during January, 2 percent below 2012.



To view the complete numbers, click on the following link - USDA Cattle on Feed Report




   

Ed Richards talks with Tom Leffler who breaks down the COF numbers. right-click to download mp3

 

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