Cattle on feed down for 10th straight month

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The June Cattle on Feed report from the UDSA, released June 21, shows cattle inventories in feedlots with 1,000 head or more at 10.7 million head as of June 1. That figure is down 3 percent from inventories on June 1, 2012.

Placements into feedlots during May, at 2.05 million, were down 2 percent from a year ago. As expected for this time of year, the majority of placements were in the heavier weight classes, with 66 percent entering feedyards weighing 700 pounds or more.

May marketings from feedlots, at 1.95 million head, were 3 percent below a year ago and the second lowest for May since the current report series begain in 1996.

The last time the report showed a year-over-year increase in feedlot inventories was in August 2012, when cattle on feed increased by 1 percent. Month-to-month, inventories have been declining since late 2012. Following are the totals from the past 9 months:

  • October 1, 2012 – 11 million
  • November 1, 2012 – 11.3 million
  • December 1, 2012 – 11.3 million
  • January 1, 2013 – 11.2 million
  • February 1, 2013 – 11.1 million
  • March 1, 2013 – 10.9 million
  • April 1, 2013 – 10.9 million
  • May 1, 2013 – 10.7 million
  • June 1, 2013 – 10.7 million

Placements since last summer, while mostly lower, have varied widely relative to the year-earlier figures, in part because of drought shifting placements away from their typical seasonal patterns. Following are the totals for the past 11 months, showing that variability.

  • July 2012 – 1.9 million, down 10 percent
  • August 2012 – 2 million, down 11 percent
  • September 2012 – 2 million, down 19 percent
  • October 2012 – 2.18 million, down 13 percent
  • November 2012 – 1.92 million, down 6 percent
  • December 2012 – 1.66 million, down 1 percent
  • January 2013 – 1.88 million, up 2 percent
  • February 2013 – 1.48 million, down 14 percent
  • March 2013 – 1.9 million, up 6 percent
  • April – 1.75 million, up 15 percent
  • May 2013 – 2.05 million, down 2 percent

Read the full report from USDA.



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