Cattle on Feed Up 6%

Cattle on feed and placements higher than last month.

Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.6 million head on February 1, 2011. The inventory was 6% above February 1, 2010.

Placements in feedlots during January totaled 1.90 million, 4% above 2010. Net placements were 1.84 million head. During January, placements of cattle and calves weighing less than 600 pounds were 465,000, 600-699 pounds were 475,000, 700-799 pounds were 547,000, and 800 pounds and greater were 410,000.

Marketings of fed cattle during January totaled 1.78 million, slightly above 2010.

Other disappearance totaled 56,000 during January, 20% below 2010. This is the lowest other disappearance for the month of January since the series began in 1996.

Click here for full report.

Drovers_Logo_No-Tagline (1632x461)
Drovers_Logo_No-Tagline (1632x461)
Read Next
The company will end operations at its Joslin, Ill., beef facility and its Eagle Mountain, Utah, case-ready facility plus it is pursuing the sale of its Pasco, Wash., beef facility.
Get News Daily
Get Market Alert
Get News & Markets App