Cattle On Feed Numbers Down Six Percent From Year Ago- Tom Leffler ExplainsFri, 22 Nov 2013 20:03:01 CST
The November Cattle on Feed report released on Friday afternoon was right in line with the pre report guesses of the analysts who offered their guesses ahead of the report. According to USDA, Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.6 million head on November 1, 2013. The inventory was 6 percent below November 1, 2012.
Placements in feedlots during October totaled 2.39 million, 10 percent above 2012. Net placements were 2.32 million head. During October, placements of cattle and calves weighing less than 600 pounds were 720,000, 600-699 pounds were 584,000, 700-799 pounds were 510,000, and 800 pounds and greater were 580,000.
Marketings of fed cattle during October totaled 1.86 million, 1 percent above 2012.
Other disappearance totaled 75,000 during October, 4 percent below 2012.
You can review the full report as issued by USDA by clicking here.
After the report, Radio Okahoma Ag Network Farm Director Ron Hays talked with Tom Leffler of Leffler Commodities about the report. Their conversation is today's online edition of the Beef Buzz.
The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network- but is also a regular audio feature found on this website as well. Click on the LISTEN BAR below for today's show- and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.
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