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Cattle in feedlot DarcyMaulsby/iStock/Thinkstock

No surprises in October ‘Cattle on Feed’

Number of heifers in feedlots rises 2% from last year, signaling lower retention by producers.

There were no surprises in the U.S. Department of Agriculture's latest “Cattle on Feed” report released Friday. All numbers were in line with pre-report analyst estimates.

The report showed that cattle and calves on feed for the slaughter market in feedlots with a capacity of 1,000 head or more totaled 11.3 million head on Oct. 1, a 1% decline from Oct. 1, 2018.

According to USDA, the inventory included 6.87 million steers and steer calves, down 3% from the previous year. This group accounted for 61% of the total inventory. Heifers and heifer calves accounted for 4.41 million head, up 2% from 2018.

cattle on feed Oct 2019.png

USDA reported that placements in feedlots during September totaled 2.09 million head, 2% above 2018. Net placements were 2.03 million head. During September, placements of cattle and calves weighing less than 600 lb. were 420,000 head, 600-699 lb. were 355,000 head, 700-799 lb. were 460,000 head, 800-899 lb. were 475,000 head, 900-999 lb. were 273,000 head, and 1,000 lb. and greater were 110,000 head.

Marketings of fed cattle during September totaled 1.74 million head, 1% above 2018.

Other disappearance totaled 59,000 head during September, 4% above 2018.

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