Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.6 million head on May 1, 2018. The inventory was 5 percent above May 1, 2017. This is the second highest May 1 inventory since the series began in 1996. In Texas, this number was up 7 percent over 2017 numbers and down 4 percent from the previous month. Click on the following link to download the full report: Read more…