United States Cattle on Feed Down 1 Percent, Placements UpFri, 21 Mar 2014 16:17:22 CDT
In the latest USDA Cattle on Feed report, the number of cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.8 million head on March 1, 2014. The inventory was 1 percent below March 1, 2013.
Placements in feedlots during February totaled 1.65 million, 15 percent above 2013. Net placements were 1.58 million head. During February, placements of cattle and calves weighing less than 600 pounds were 390,000, 600-699 pounds were 330,000, 700-799 pounds were 415,000, and 800 pounds and greater were 515,000.
Marketings of fed cattle during February totaled 1.55 million, 3 percent below 2013. Marketings for February are the lowest for the month since the data series began in 1996.
Other disappearance totaled 71,000 during February, 18 percent above 2013.
Click on the LISTEN BAR below for an analysis or the report by Tom Leffler of Leffler Commodities.
WebReadyTM Powered by WireReady® NSI
Top Agricultural News