|
Cattle on Feed Report 06/20 14:51
June 1 Cattle on Feed Down 1% From Year Ago, Placements Down 8%
By DTN Staff
USDA Actual Average Estimate Range
On Feed June 1 99.0% 99.0% 98.1-99.6%
Placed in May 94.9% 94.9% 88.0-97.7%
Marketed in May 90.3% 90.3% 89.3-95.0%
This article was originally published at 2:12 p.m. CDT on
Friday, June 20. It was last updated with additional information
at 2:51 p.m. CDT on Friday, June 20.
**
OMAHA (DTN) -- Cattle and calves on feed for the slaughter
market in the United States for feedlots with capacity of 1,000
or more head totaled 11.4 million head on June 1, 2025. The
inventory was 1% below June 1, 2024, USDA NASS reported on
Friday.
Placements in feedlots during May totaled 1.89 million head, 8%
below 2024. Net placements were 1.82 million head. During May,
placements of cattle and calves weighing less than 600 pounds
were 335,000 head, 600-699 pounds were 275,000 head, 700-799
pounds were 450,000 head, 800-899 pounds were 516,000 head, 900-
999 pounds were 230,000 head, and 1,000 pounds and greater were
80,000 head.
Marketings of fed cattle during May totaled 1.76 million head,
10% below 2024.
Other disappearance totaled 62,000 head during May, unchanged
from 2024.
DTN ANALYSIS
"Friday's Cattle on Feed report should be received as another
bullish feather for the market to tuck inside its hat," said DTN
Livestock Analyst ShayLe Stewart. "The only minute difference
that the actual data had compared to pre-report estimates was in
the placement data, which came in 2 percentage points lighter
(1,886,000 head) than originally assumed. Of the major feeding
states, it was interesting to note the stark differences in
placements between the states. Nebraska placements were steady
compared to a year ago, Kansas placements were down 3%, Iowa
placements were up 1%, but Texas placements were down 17%
compared to a year ago, and Oklahoma placements were down 22%
compared to a year ago. It's likely that both Texas and Oklahoma
are seeing such drastic drops in placements because of the
import ban on all Mexican cattle."
**
DTN subscribers can view the full Cattle on Feed reports in the
Livestock Archives folder under the Markets menu. The report is
also available at https://www.nass.usda.gov/.
DTN offers additional daily information available free through DTN Snapshot – sign up today.
|
|