Cattle on feed numbers were down 1% on March 1, 2015, at 10.7 million head, according to USDA’s National Agricultural Statistics Service. Placements of cattle during February totaled 1.52 million head, 8% lower than last year. Marketings of fed cattle during February totaled 1.52 million head, 2% below last year, and the lowest total since the series began in 1996.
During February, placements of cattle and calves weighing less than 600 pounds were 330,000 head, 600-699 pounds were 270,000 head, 700-799 pounds were 388,000 head, and 800 pounds and greater were 535,000 head.
USDA’s report shows the fourth straight month of lower year-on-year placements, and slightly fewer than the pre-report estimates by livestock analysts.