Cattle and calves on feed for the slaughter market in the U.S. for feedlots with capacity of 1,000 or more head totaled 10.2 million head on Aug. 1, 2016. The inventory was 2 percent above Aug. 1, 2015.
The Texas number was up 3 percent from the numbers a year ago and down slightly from last month.
Placements in feedlots during July totaled 1.57 million head, 2 percent above 2015. Net placements were 1.52 million head. During July, placements of cattle and calves weighing less than 600 pounds were 352,000 head, 600-699 pounds were 235,000 head, 700-799 pounds were 360,000 head, and 800 pounds and greater were 625,000 head. Marketings of fed cattle during July totaled 1.71 million head, 1 percent below 2015. Marketings were the lowest for July since the series began in 1996.
Click here to read the full Cattle on Feed report at USDA NASS…