US Cattle on Feed up 1 percent
Source: USDA NASS | March 22, 2019
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.8 million head on March 1, 2019. The inventory was 1 percent above March 1, 2018.
Texas Cattle on Feed inventory with capacity of 1,000 or more head totaled 103 percent over previous year and 1 percent over previous month.
Placements in feedlots during February totaled 1.86 million head, 2 percent above 2018. Net placements were 1.79 million head. During February, placements of cattle and calves weighing less than 600 pounds were 340,000 head, 600-699 pounds were 345,000 head, 700-799 pounds were 530,000 head, 800-899 pounds were 442,000 head, 900-999 pounds were 135,000 head, and 1,000 pounds and greater were 65,000 head.
Placements from the previous month were down across the South but jumped 15 percent in Idaho, 20 percent in Iowa and 10 percent in Kansas.
Marketings of fed cattle during February totaled 1.68 million head, slightly above 2018.
Other disappearance totaled 66,000 head during February, 16 percent above 2018.