The recent Cattle on Feed Report shows cattle and calves on feed for the U.S. slaughter market for feedlots with a capacity of 1,000 or more head totaled 11.3 million on July 1, 2024. The inventory was one percent above July 1, 2023. The inventory included 6.82 million steers and steer calves, up one percent from last year. This group accounted for 60 percent of the total inventory. Heifers and heifer calves accounted for 4.48 million head, up slightly from 2023. Placements in feedlots during June totaled 1.56 million head, seven percent below 2023. Net placements were 1.51 million head. During June, placements of cattle and calves weighing under 600 pounds were 365,000 head, 600-699 pounds were 225,000 head, 700-799 pounds were 350,000 head, 800-899 pounds reached 349,000 head, 900-999 pounds were 165,000 head, and 1,000 pounds-plus hit 80,000 head. Fed cattle marketings totaled 1.79 million head, nine percent below 2023.
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