According to USDA’s latest Cattle on Feed Report, the number of cattle and calves on feed for the slaughter market in the U.S was 10.8 million head on November 1, two percent above November 1, 2014. But, placements in feedlots during October totaled 2.28 million head, 4 percent below last year, while marketing’s of fed cattle during October totaled 1.63 million head, 3 percent below 2014.