USA: USDA July 1 cattle on feed report

Published 2024년 7월 22일

Tridge summary

The United States had 11.3 million head of cattle and calves on feed for slaughter as of July 1, 2024, a 1% increase from the previous year, according to the USDA NASS report. The inventory included 6.82 million steers and steer calves and 4.48 million heifers and heifer calves. Placements in feedlots during June were 7% below 2023 at 1.56 million head, while marketings of fed cattle were 9% below 2023 at 1.79 million head, marking the second lowest for June since 1996. The report was viewed as neutral by DTN Livestock Analyst ShayLe Stewart, who discussed the potential market implications and mentioned that more feeder cattle were marketed early this year than normal.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

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 11.3 million head on July 1, 2024. The inventory was 1% above July 1, 2023, USDA NASS reported on Friday. The inventory included 6.82 million steers and steer calves, up 1% from the previous year. This group accounted for 60% of the total inventory. Heifers and heifer calves accounted for 4.48 million head, up slightly from 2023. Placements in feedlots during June totaled 1.56 million head, 7% below 2023. Net placements were 1.51 million head. During June, placements of cattle and calves weighing less than 600 pounds were 365,000 head, 600-699 pounds were 255,000 head, 700-799 pounds were 350,000 head, 800-899 pounds were 349,000 head, 900-999 pounds were 165,000 head, and 1,000 pounds and greater were 80,000 head. Marketings of fed cattle during June totaled 1.79 million head, 9% below 2023. Marketings were the second lowest for June ...

Source: Dtnpf