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Cattle on Feed Drops 5 Percent in U.S.
WASHINGTON - Mar 20/09 - SNS -- Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totalled 11.2 million head on March 1, 2009, according to the current USDA data.
The inventory was 5% below March 1, 2008.
Placements in feedlots during February totalled 1.68 million, 3% below 2008. Net placements were 1.62 million head.
During February, placements of cattle and calves weighing less than 600 pounds were 320,000, 600-699 pounds were 385,000, 700-799 pounds were 538,000, and 800 pounds and greater were 435,000.
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