Friday’s report is anticipated not only for the information that enables market analysts to estimate slaughter cattle supplies, but also because the January report was unpublished due to the government shutdown.
Heavy winter precipitation has continued at intervals spanning December through early March while brutally cold temperatures add often devastating effects, and sub-zero readings continued this week in many areas.
USDA’s June 22 Cattle on Feed report put cattle and calves on feed for the slaughter market for June 1 at 11.6 million head, down 5,000 head from May, but up 457,000 head, or 4 percent, over prior-year levels.
Hot and dry cornfield conditions are breeding grounds for dangerous aspergillus ear and kernel mold that produces aflatoxins. This toxin is a carcinogen, can harm livestock and can lead to rejection at the elevator.