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Wednesday, May 29, 2024

Cattle on Feed Down One Percent

The latest Cattle on Feed report shows the U.S. herd dropped by one percent in April. Cattle and calves on feed for the slaughter market in the United States for feedlots with a capacity of 1,000 or more head totaled 11.6 million head on May 1, 2024. That level was one percent below May 1, 2023. Placements in feedlots during April totaled 1.66 million head, six percent below 2023. Net placements were 1.6 million head. In April, 335,000 cattle and calves weighing under 600 pounds were placed in feedlots, while 600–699-pound placements totaled 220,000 head, 700-799 pounds were 375,000 head, 800-899 pounds totaled 451,000 head, and 900-999 pounds were 205,000 head. Placements of cattle weighing 1,000 pounds or greater totaled 70,000 head. Marketings of fed cattle in April totaled 1.87 million head, ten percent higher than in 2023. Other disappearances totaled 56,000 head during April, ten percent above April 2023.