Source: FARM PROGRESS, 10/24/14


From feedlot surveys, USDA estimated cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.1 million head on Oct. 1, 2014. The inventory was 1% below Oct. 1, 2013, and a tad below the average trade guess. The inventory included 6.46 million steers and steer calves, up 1% from 2013. This group accounted for 64% of the total inventory. Heifers and heifer calves accounted for 3.55 million head, down 3% from 2013.

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