Cattle on Feed down 4%

July 24, 2008 07:00 PM
 



Report highlights:
Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.3 million head on July 1, 2008. The inventory was 4% below July 1, 2007 and 5% below July 1, 2006.

The inventory included 6.43 million steers and steer calves, down 5% from the previous year. This group accounted for 62% of the total inventory. Heifers and heifer calves accounted for 3.82 million head, down 3% from 2007.

Placements in feedlots during June totaled 1.51 million, 9% below 2007 and 22% below 2006. Net placements were 1.45 million head. During June, placements of cattle and calves weighing less than 600 pounds were 365,000, 600-699 pounds were 325,000, 700-799 pounds were 383,000 and 800 pounds and greater were 440,000.

Marketings of fed cattle during June totaled 1.97 million, 8% below 2007 and 10% below 2006. This is the lowest fed cattle marketings for the month of June since the series began in 1996.

Other disappearance totaled 60,000 during June, 15% above 2007, but 5% below 2006.

COF Report

USDA

Average

Range

 

% of year-ago levels

On Feed

96%

95.5%

94.9-96.3%

Placements

91%

91.8%

87.8-101.0%

Marketings

92%

95%

93.0-98.5%

          Cattle on Feed:  Number on Feed, Placements, Marketings, and          
                 Other Disappearance, 1,000+ Capacity Feedlots,                 
                        United States, July 1, 2006-2008                        
--------------------------------------------------------------------------------
                                     :          Number          : 2008 as % of  
                 Item                :------------------------------------------
                                     :  2006  :  2007  :  2008  : 2006  : 2007  
--------------------------------------------------------------------------------
                                     : ------ 1,000 Head ------      Percent    
                                     :                                          
On Feed Jun 1 1/                     : 11,187   11,272  *10,815    97       96  
Placed on Feed During Jun            :  1,946    1,657    1,513    78       91  
Fed Cattle Marketed During Jun       :  2,198    2,140    1,973    90       92  
Other Disappearance During Jun 2/    :     63       52       60    95      115  
On Feed Jul 1 1/                     : 10,872   10,737   10,295    95       96  
--------------------------------------------------------------------------------
*   Revised.                                                                    
1/  Cattle and calves on feed are animals for slaughter market being fed a      
    ration of grain or other concentrates and are expected to produce a carcass 
    that will grade select or better.                                           
2/  Includes death loss, movement from feedlots to pasture, and shipments to    
    other feedlots for further feeding.       

 


 

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