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Agricultural News


United States Cattle on Feed Down 3 Percent

Fri, 19 Jul 2013 15:53:14 CDT

United States Cattle on Feed Down 3 Percent
The latest USDA Cattle on Feed report contained few surprises as the numbers were very close to what the industry was expecting. Overall, the report showed the number of cattle on feed down three percent.


Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.4 million head on July 1, 2013. The inventory was 3 percent below July 1, 2012. The inventory included 6.53 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 3.78 million head, down 4 percent from 2012.


Placements in feedlots during June totaled 1.59 million, 5 percent below 2012. Net placements were 1.52 million head. During June, placements of cattle and calves weighing less than 600 pounds were 315,000, 600-699 pounds were 232,000, 700-799 pounds were 415,000, and 800 pounds and greater were 625,000.


Marketings of fed cattle during June totaled 1.90 million, 4 percent below 2012. Marketings for the month of June are the lowest since the series began in 1996.


Other disappearance totaled 63,000 during June, 5 percent below 2012.



Click here to read the full report.



Click on the LISTEN BAR below to hear Tom Leffler's analysis of the latest report.





   
   



Tom Leffler of Leffler Commodities takes a look at the most recent Cattle On Feed Report.
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