Source:Rita Jane Gabbett, MEATINGPLACE, 6/27/16


Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.8 million head on June 1. The inventory was 2 percent above June 1, 2015, and right in line with market expectations.

USDA’s monthly Catte on Feed report showed placements in feedlots during May totaled 1.88 million head, 10 percent above 2015, also in line with what market analysts expected, according to a pre-report survey by Urner Barry.

Net placements were 1.81 million head. During May, placements of cattle and calves weighing less than 600 pounds were 305,000 head, while 600-699 pounds were 250,000 head, 700-799 pounds were 479,000 head, and 800 pounds and greater were 850,000 head.

Marketings of fed cattle during May totaled 1.79 million head, 5 percent above 2015, also in line with what analysts were expecting.  

Other disappearance totaled 74,000 head during May, which was 4 percent below 2015.

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