STAT Communications Ag Market News

Cattle on Feed Drops 3 Percent in U.S.

WASHINGTON - May 21/10 - SNS -- Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totalled 10.5 million head on May 1, 2010, according to today's USDA sector report.

The inventory was 3% below May 1, 2009.

Placements in feedlots within April totalled 1.63 million, 2% above 2009. Net placements were 1.54 million head.

During April, placements of cattle and calves weighing less than 600 pounds were 365,000, 600-699 pounds were 300,000, 700-799 pounds were 469,000, and 800 pounds and greater were 495,000.

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