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. …
Review of the August Cattle on Feed Report
USDA August Cattle-on-Feed Report Reflects Tight Supply and Strong Fed Cattle Prices The U.S. Department of Agriculture (USDA) has released its August Cattle-on-Feed report, and the data points to tightening cattle supplies and continued strong beef demand. USDA Livestock Analyst Anthony Fisher offered detailed insights into the current market dynamics. “On August 1st, the number of cattle on feed in …

