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Cattle on Feed Drops 1 Percent in U.S.
WASHINGTON - May 16/08 - SNS -- Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head came in at 11.1 million head on May 1, 2008, shows the current USDA statistics.
The inventory was 1% below May 1, 2007 and 4% below May 1, 2006.
Placements in feedlots during April totalled 1.54 million, 2% below 2007 and 5% below 2006. Net placements were 1.46 million head. During April, placements of cattle and calves weighing less than 600 pounds were 315,000, 600-699 pounds were 278,000, 700-799 pounds were 428,000, and 800 pounds and greater were 515,000.
Marketings of fed cattle during April totalled 2.01 million, 11% above 2007 and 13% above 2006. This is the highest fed cattle marketings for the month of April since the series began in 1996. Other disappearance totalled 75,000 during April, 24% below 2007 and 14% below 2006.
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