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Agricultural News

United States Cattle on Feed Down 3 Percent

Fri, 21 Jun 2013 17:23:32 CDT

The USDA's Cattle on Feed Report released Friday was not a friendly report, showing a continuing decline in beef cattle inventory, placements and marketings.


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 June 1, 2013. The inventory was 3 percent below June 1, 2012.


Placements in feedlots during May totaled 2.05 million, 2 percent below 2012. Net placements were 1.95 million head. During May, placements of cattle and calves weighing less than 600 pounds were 390,000, 600-699 pounds were 304,000, 700-799 pounds were 555,000, and 800 pounds and greater were 800,000.


Marketings of fed cattle during May totaled 1.95 million, 3 percent below 2012. Marketings are the second lowest since the series began in 1996 for the month of May.


Other disappearance totaled 100,000 during May, unchanged from 2012.


Click here to read the full report.



Click on the LISTEN BAR below to hear an analysis of the latest Cattle on Feed Report with Tom Leffler of Leffler Commodities.




   



   

Tom Leffler analyzes the latest Cattle on Feed Report. right-click to download mp3

 

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