USA: USDA cattle on feed report

Published 2024년 10월 28일

Tridge summary

The United States had 11.6 million head of cattle and calves on feed for slaughter as of Oct. 1, 2024, slightly below the previous year, according to the USDA NASS report. The inventory included 7.00 million steers and steer calves, up 1%, and 4.60 million heifers and heifer calves, down 1%. Placements in feedlots in September were 2% below 2023 at 2.16 million head, and marketings of fed cattle also increased by 2% from 2023 to 1.70 million head. Despite slight concerns, traders focused on the market's fundamentals and allowed for a higher close in the live cattle complex following the report's release.

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 11.6 million head on Oct. 1, 2024. The inventory was slightly below Oct. 1, 2023, USDA NASS reported on Friday. The inventory included 7.00 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 4.60 million head, down 1% from 2023. Placements in feedlots during September totaled 2.16 million head, 2% below 2023. Net placements were 2.10 million head. During September, placements of cattle and calves weighing less than 600 pounds were 430,000 head, 600-699 pounds were 330,000 head, 700-799 pounds were 465,000 head, 800-899 pounds were 526,000 head, 900-999 pounds were 305,000 head, and 1,000 pounds and greater were 100,000 head. Marketings of fed cattle during September totaled 1.70 million head, 2% above 2023. Other disappearance totaled ...

Source: Dtnpf