Cattle on Feed Inventory 4% Higher

November 18, 2011 08:22 AM
 

COF11182011

Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.9 million head on November 1, 2011. The inventory was 4 percent above November 1, 2010. This is the second highest November 1 inventory since the series began in 1996.

Placements in feedlots during October totaled 2.49 million, 1 percent below 2010. Net placements were 2.40 million head. During October, placements of cattle and calves weighing less than 600 pounds were 805,000, 600-699 pounds were 600,000, 700-799 pounds were 501,000, and 800 pounds and greater were 585,000.

Marketings of fed cattle during October totaled 1.79 million, 3 percent above 2010.

Other disappearance totaled 93,000 during October, 50 percent above 2010.

Source: USDA

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