Cattle on Feed Up 2 Percent, Placements Up 15%

As expected, placements for May were higher, while marketings were 1% higher.

Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.1 million head on June 1, 2012. The inventory was 2 percent above June 1, 2011.

Placements in feedlots during May totaled 2.09 million, 15 percent above 2011. Net placements were 1.99 million head.

During May, placements of cattle and calves weighing less than 600 pounds were 520,000, 600-699 pounds were 365,000, 700-799 pounds were 530,000, and 800 pounds and greater were 672,000.

Marketings of fed cattle during May totaled 2.02 million, 1 percent above 2011.

Other disappearance totaled 100,000 during May, 23 percent above 2011.

Full report.

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