The June cattle on feed report showed trend changes from previous months. USDA livestock analyst Michael McConnell shared his thoughts on the June report. “11.68 million head of cattle on feedlots with a capacity larger than a thousand head. That was 2% higher than this time last year. There was 1.7 million head of cattle placed in feedlots during May. …
Cattle on Feed Report Released Early for Holiday
Markets are closed tomorrow for the Juneteenth government holiday, as are banks and post offices. As a result, USDA is releasing the monthly cattle on feed report after the close today. Average trade estimates generally agree the total number of cattle on feed will be up one to two percent, but there is nowhere near consensus on the number of …


