The USA Division of Agriculture (USDA) launched it’s September 1 Cattle on Feed report Friday afternoon.
Based on the report, feedlots with a capability of 1,000 or extra head with cattle and calves on feed for the slaughter market totalled 11.2 million head as of September 1, 2021.
Yr over yr, the stock is 1 per cent decrease, making it the second highest September 1 stock for the reason that sequence started again in 1996, with 2020 being the most important September placement of the sequence. This got here in barely above pre-report expectations.
Cattle on Feed charts from USDA report launch. Principally impartial…arguably. pic.twitter.com/EagmJFwdDA
— Stan Bevers (@RanchKPI) September 24, 2021
For feedlot placements, the USDA says August totalled 2.10 million head, an increase of 2 per cent from August of 2020. Web placements had been 2.05 million head.
Marketings of fed cattle throughout August got here in barely beneath 2021, at 1.89 million head.
Different disappearances, which incorporates demise of cattle, or cattle moved out of feedlots, totalled 59,000 head throughout August; 7 per cent above 2020.
JUST IN: Cattle of Feed report: Reveals cattle on feed down 1% from September of 2020; 11.2 million head. https://t.co/OK0epkPOjM
— AgDay TV (@AgDayTV) September 24, 2021