By David Anderson
USDA released the latest Cattle on Feed report amid record high cattle and beef prices. While the report did not have any big surprises compared to analyst’s pre-report estimates there were some noteworthy data points. Marketings were 10.1 percent fewer in May 2025 than last May.
Some of that was attributable to one less working day in the month, but the rest was due to fewer fed cattle slaughtered. An earlier SAT discussed fewer fed cattle being processed on Fridays over the last couple of months.