Cattle on Feed

Large feedlot placements for the second consecutive month pushed November feedlot inventories up 1.7 percent year over year.  October feedlot placements were higher by 3.8 percent year over year, enough…

Between Oct. 18 and Oct. 23, six days after a bearish Cattle on Feed report, the January Feeder Cattle (Figure 1) contract fell 6.5%, from $252.86/cwt to $236.41/cwt, while December live…

Higher placements and reduced marketings resulted in an October 1 feedlot inventory of 11.58 million head, 0.6 percent higher than one year ago.  This was the first monthly year-over-year increase…

The latest USDA Cattle on Feed report pegged the October 1 cattle on feed inventory at 11.449 million head, down 0.9 percent year over year.  This is the first year…

The year kicked off with a cattle inventory estimated to be down 2%, thanks to a 2021 calf crop down 2.3% from the previous year, due largely to the pressures…

The Mid-Year Cattle Inventory Report confirmed that the cumulative effects of drought that past two years have accelerated liquidation of the beef cattle herd. The July 1 inventory of all…

Through mid-April, beef cow slaughter is up 16.9 percent year over year; a surprisingly strong rate of cow slaughter for this time of year.  This likely reflects continuing drought impacts…

October’s USDA Cattle on Feed Report revealed feedlot placements in September were 97.1 percent of last year and marketings were 96.9 percent of one year ago.  The placement total was…