The USDA’s latest round of cattle on feed numbers was very close to pre-report expectations.
Placements into feedlots during August were 2.070 million head, up 7% on the year, and mostly cattle weighing less than 800 pounds. By weight, placements of cattle weighing less than 600 pounds were 430,000 head, 600 to 699-pound placements were 335,000, and placements of cattle weighing 700 to 799 pounds were 460,000, while 800 to 899-pound placements were 475,000 head, the 900 to 999-pound category was 240,000, and placements of cattle weighing more than 1,000 pounds were 130,000.
Continue reading USDA: cattle placements jump 7% at Brownfield Ag News.
