According to USDA’s June Cattle on Feed Report, the number of cattle and calves on feed for the slaughter market in the U.S. was at 11.1 million head on June 1st, 3 percent above June 1, 2016. But that was not the biggest number coming out of this report. USDA livestock analyst Shayle Shagam says placements of cattle in feedlots …
United States Cattle on Feed Up Slightly
USDA’s latest Cattle on Feed report shows cattle and calves on feed for the slaughter market in the U.S. totaled 10.9 million head on April 1, 2017. The inventory was slightly above April 1, 2016. Placements in feedlots during March totaled 2.10 million head, is 11 percent above 2016. Marketing’s of fed cattle during March totaled 1.91 million head, is …