fed cattle feedlot availability

Feedlot Placements Down 1%

Cattle on feed Nov. 1 was about even with last year, but still about 6% less than the five-year average. Placements in October were 1% less and marketings were 8% less.

Although cattle feeder placed more cattle in October than anticipated, and the total on-feed inventory at the beginning of November is a touch more than expected, Friday’s monthly Cattle on Feed report continues to underscore the snugness of the nation’s cattle supply.

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TAGS: Feedlots
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