cattle feedlot

Cattle Feedlot Inventories Slightly Larger than Last Year

Dan Cattle

feeder cattle
By Mark Reinstein/Shutterstock

There weren’t many surprises in Friday’s USDA Cattle on Feed report. Gary Crawford has the story.

Cattle and calves on feed for the slaughter market in the United States for feedlots totaled 11.8 million head on November 1, 2019. The inventory was 1 percent above November 1, 2018.

Placements in feedlots during October totaled 2.48 million head, 10 percent above 2018. Net placements were 2.42 million head. During October, placements of cattle and calves weighing less than 600 pounds were 600,000 head, 600-699 pounds were 540,000 head, 700-799 pounds were 517,000 head, 800-899 pounds were 475,000 head, 900-999 pounds were 230,000 head, and 1,000 pounds and greater were 115,000 head.

Marketing’s of fed cattle during October totaled 1.88 million head, 1 percent below 2018.