United States Cattle on Feed Numbers Continue Fall, Down 1 Percent in Latest ReportFri, 16 May 2014 15:16:11 CDT
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 May 1, 2014. The inventory was 1 percent below May 1, 2013.
Placements in feedlots during April totaled 1.64 million, 5 percent below 2013. Net placements were 1.55 million head. During April, placements of cattle and calves weighing less than 600 pounds were 385,000, 600-699 pounds were 255,000, 700-799 pounds were 396,000, and 800 pounds and greater were 600,000.
Marketings of fed cattle during April totaled 1.78 million, 2 percent below 2013. Marketings for April are the lowest for the month since the series began in 1996.
Other disappearance totaled 83,000 during April, 20 percent above 2013.
Tom Leffler of Leffler Commodities characterized the report as neutral to slighlty friendly. You can hear his analysis by clicking on the LISTEN BAR below.
Click here to read the full USDA Cattle on Feed report.
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