Cattle on Feed Drops 3 Percent in U.S.
WASHINGTON - Apr 18/11 - SNS -- Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head quantityed to 11.0 million head on February 1, 2010, judging from the current USDA report.
The inventory was 3% below February 1, 2009.
Placements in feedlots during January totalled 1.83 million, 2% below 2009. Net placements were 1.76 million head.
During January, placements of cattle and calves weighing less than 600 pounds were 400,000, 600-699 pounds were 445,000, 700-799 pounds were 560,000, and 800 pounds and greater were 420,000.
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