Cattle on Feed inventory down
Report highlights: Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.8 million head on June 1, 2008. The inventory was 4 percent below June 1, 2007 and 3 percent below June 1, 2006.
Placements in feedlots during May totaled 1.90 million, 12 percent below 2007 and slightly below 2006. Net placements were 1.82 million head. During May, placements of cattle and calves weighing less than 600 pounds were 340,000, 600-699 pounds were 350,000, 700-799 pounds were 564,000, and 800 pounds and greater were 645,000.
Marketings of fed cattle during May totaled 2.14 million, 3 percent above 2007 but 1 percent below 2006. Other disappearance totaled 80,000 during May, 19 percent below 2007 and 30 percent below 2006.
| COF Report | USDA | Average | Range |
| % of year-ago levels | |||
| On Feed | 96% | 97.2% | 95.0-98.9% |
| Placements | 88% | 90.4% | 83.0-96.3% |
| Marketings | 103% | 108.1% | 99.5-104.7% |
Cattle on Feed: Number on Feed, Placements, Marketings, and Other Disappearance, 1,000+ Capacity Feedlots, United States, June 1, 2006-2008 -------------------------------------------------------------------------------- : Number : 2008 as % of Item :------------------------------------------ : 2006 : 2007 : 2008 : 2006 : 2007 -------------------------------------------------------------------------------- : ------ 1,000 Head ------ Percent : On Feed May 1 1/ : 11,559 11,297 11,135 96 99 Placed on Feed During May : 1,903 2,159 1,899 100 88 Fed Cattle Marketed During May : 2,160 2,085 2,140 99 103 Other Disappearance During May 2/ : 115 99 80 70 81 On Feed Jun 1 : 11,187 11,272 10,814 97 96 -------------------------------------------------------------------------------- 1/ Cattle and calves on feed are animals for slaughter market being fed a ration of grain or other concentrates and are expected to produce a carcass that will grade select or better. 2/ Includes death loss, movement from feedlots to pasture, and shipments to other feedlots for further feeding.
