inventory

More Cattle Soon Coming Out Of Feedlots

Dan Cattle

USDA’s latest Cattle on feed report indicates the number of cattle and calves on feed for the slaughter feedlotsmarket in the U.S. was 11.6 million head on May 1, 2018, 5 percent above May 1, 2017. This is the second highest May 1 inventory since the series began in 1996. Placements in feedlots during April totaled 1.70 million head, 8 percent below 2017, while marketing’s of fed cattle during April totaled 1.80 million head, 6 percent above 2017. Rod Bain has a story explaining some of the trends observed for cattle feedlot inventories and marketing’s.

More Cattle Soon Coming Out Of Feedlots