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National & World Ag News Headlines |
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U.S. Cattle on Feed Up 5 Percent
USAgNet - 10/22/2018
Cattle and calves on feed for the slaughter market in the U.S. for feedlots with capacity of 1,000 or more head totaled 11.4 million head on October 1, 2018. The inventory was 5 percent above 2017. This is the highest October 1 inventory since the series
began in 1996.
The inventory included 7.09 million steers and steer calves, up 2 percent from the previous year. This group accounted for 62 percent of the total inventory. Heifers and heifer calves accounted for 4.31 million head, up 11 percent from 2017.
Placements in feedlots during September totaled 2.05 million head, 5 percent below 2017. Net placements were 1.99 million head. During September, placements of cattle and calves weighing less than 600 pounds were 425,000 head, 600-699 pounds were
330,000 head, 700-799 pounds were 430,000 head, 800-899 pounds were 466,000 head, 900-999 pounds were 280,000 head, and 1,000 pounds and greater were 120,000 head.
Marketings of fed cattle during September totaled 1.72 million head, 4 percent below 2017.
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