U.S. Cattle on Feed Down 3%
Beef Today Editors
Click here to access market commentary from Steve Kay, publisher of Cattle Buyers Weekly, and Ron Plain, University of Missouri economist.
USDA 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 11.0 million head on Feb.1, 2010. The inventory was 3% below Feb. 1, 2009.
Placements in feedlots during January totaled 1.83 million, 2% below 2009. Net placements were 1.76 million head. During January, placements of cattle and calves weighing less than 600 pounds were 400,000, 600-699 pounds were 445,000, 700-799 pounds were 560,000, and 800 pounds and greater were 420,000.
Marketings of fed cattle during January totaled 1.77 million, 2% above 2009. This is the third lowest fed cattle marketings for the month of January since the series began in 1996.
Other disappearance totaled 70,000 during January, 4% above 2009.
Scroll down to view report highlights.Cattle on Feed: Number on Feed, Placements, Marketings, and Other Disappearance, 1,000+ Capacity Feedlots, United States, February 1, 2009-2010 -------------------------------------------------------------------------------- : Number : Percent of Item :---------------------------: : 2009 : 2010 :Previous Year -------------------------------------------------------------------------------- : ----- 1,000 Head ---- Percent : On Feed Jan 1 : 11,234 *11,008 98 Placed on Feed During Jan : 1,858 1,825 98 Fed Cattle Marketed During Jan : 1,737 1,774 102 Other Disappearance During Jan : 67 70 104 On Feed Feb 1 : 11,288 10,989 97 -------------------------------------------------------------------------------- * Revised.