In the latest USDA Cattle on Feed report, the number of cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.8 million head on March 1, 2014.
The inventory was 1 percent below March 1, 2013.
Placements in feedlots during February totaled 1.65 million, 15 percent above 2013. Net placements were 1.58 million head.
During February, placements of cattle and calves weighing less than 600 pounds were 390,000, 600-699 pounds were 330,000, 700-799 pounds were 415,000, and 800 pounds and greater were 515,000.
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