U.S. cattle on feed down 3 percent

U.S. cattle on feed down 3 percent

 

By USDA / North Texas E-news

 

Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.7 million head on February 1, 2007. The inventory was 3 percent below February 1, 2006 but 3 percent above February 1, 2005.

 

Placements in feedlots during January totaled 1.69 million, 23 percent below 2006 and 10 percent below 2005. Net placements were 1.59 million. This is the second lowest placements for the month of January since the series began in 1996. During January, placements of cattle and calves weighing less than 600 pounds were 320,000, 600-699 pounds were 390,000, 700-799 pounds were 545,000, and 800 pounds and greater were 435,000.

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