The U.S. Department of Agriculture released their September Cattle on Feed Report this afternoon, and the new numbers indicate cattle and calves on feed for the slaughter market in the U.S for feedlots with capacity of 1,000 or more head totaled 11.2 million head on September 1, 2024. That is one percent above September 1, 2023.
Placements in feedlots during August totaled 1.98 million head, 1 percent below 2023. Net placements were 1.92 million head. During August, placements of cattle and calves weighing less than 600 pounds were 395,000 head, 600-699 pounds were 305,000 head, 700-799 pounds were 435,000 head, 800-899 pounds were 485,000 head, 900-999 pounds were 265,000 head, and 1,000 pounds and greater were 90,000 head.
Marketing’s of fed cattle during August totaled 1.82 million head, 4 percent below 2023.