Cattle on Feed Up 5%

Placements were down 1% while marketings were up 4%.

Cattle and calves on feed for slaughter market in the United States for
feedlots with capacity of 1,000 or more head totaled 11.4 million head on
March 1, 2011. The inventory was 5 percent above March 1, 2010.

Placements in feedlots during February totaled 1.66 million, 1 percent below
2010. Net placements were 1.60 million head. During February, placements of
cattle and calves weighing less than 600 pounds were 400,000, 600-699 pounds
were 365,000, 700-799 pounds were 489,000, and 800 pounds and greater were
410,000.

Marketings of fed cattle during February totaled 1.79 million, 4 percent
above 2010.

Other disappearance totaled 60,000 during February, 12 percent below 2010.
Find the full report here.

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