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NASS : U.S. Cattle on Feed Down 4 Percent

Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.4 million head on June 1, 2009.  The inventory was 4 percent below June 1, 2008. 

Placements in feedlots during May totaled 1.64 million, 14 percent below 2008.  Net placements were 1.54 million head.  This is the second lowest placements for the month of May since the series began in 1996.  During May, placements of cattle and calves weighing less than 600 pounds were 395,000, 600-699 pounds were 305,000, 700-799 pounds were 433,000, and 800 pounds and greater were 505,000.

Marketings of fed cattle during May totaled 1.95 million, 9 percent below 2008.  This is the lowest fed cattle marketings for the month of May since the series began in 1996.


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Still a Waiting in Line to Get That Steak Will Impact Cattle Market - Derrell Peel

Video: Still a Waiting in Line to Get That Steak Will Impact Cattle Market - Derrell Peel

The cattle inventory report gives confirms the smallest herd since the 1950's. Derrell Peel is Extension Livestock Marketing Specialist for Oklahoma State University and sees similarities to this cycle with others tied to drier conditions. He gives us insight on the pipeline and the layered and complex livestock market.