Fewer Cattle Placed on Feed

Fewer Cattle Placed on Feed

USDA’s monthly Cattle on Feed report showed that two million cattle were placed on feed in large feedlots (capacity of 1,000 or more) last month, down 19% from a year ago. 

USDA’s monthly Cattle on Feed report showed that two million cattle were placed on feed in large feedlots (capacity of 1,000 or more) last month, down 19% from a year ago. This is the lowest cattle placements during the month of September since 1996. Cattle and calves on feed for slaughter market in large feedlots were down 3% from a year ago. All indications point to higher beef prices for consumers next year. 

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