Agricultural News
U.S. Cattle on Feed Down 1 percent
Fri, 18 May 2012 14:39:03 CDT
United States Cattle on Feed Down 1 percent
The latest USDA Cattle on Feed report was released Friday afternoon, May 18, 2012, showing the On Feed number at 99 percent of year ago levels. This is the first time the On Feed number has been lower than year ago levels, in 23 straight reports. The Placement number came in at 85 percent year ago levels, the smallest Placement since June of 2009 and the third smallest April Placement in the last 17 years. As far as the markets, the report is being called friendly to bullish.
Click on the listening bar at the bottom of the page to hear Tom Leffler of Leffler Commodities analyze the latest Cattle on Feed numbers.
Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.1 million head on May 1, 2012. The inventory was 1 percent below May 1, 2011.
Placements in feedlots during April totaled 1.52 million, 15 percent below 2011. Net placements were 1.44 million head. During April, placements of cattle and calves weighing less than 600 pounds were 355,000, 600-699 pounds were 250,000, 700-799 pounds were 380,000, and 800 pounds and greater were 536,000.
Marketings of fed cattle during April totaled 1.82 million, slightly above 2011.
Other disappearance totaled 78,000 during April, 30 percent above 2011.
To view a breakdown of all the numbers in the Cattle on Feed Report, click on the following link: USDA Cattle on Feed Report May 18, 2012
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