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Price Discovery Report Ag News Last Updated: Nov 24th, 2008 - 15:40:07


Cattle on Feed Nov 21 down 7% from Year Earlier.
By Emery Kleven
Nov 24, 2008, 15:25

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Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.0 million head on November 1, 2008. The inventory was 7 percent below November 1, 2007 and 8 percent below November 1, 2006.

Placements in feedlots during October totaled 2.44 million, 11 percent below 2007 but slightly above 2006. Net placements were 2.37 million head. During October, placements of cattle and calves weighing less than 600 pounds were 700,000, 600-699 pounds were 615,000, 700-799 pounds were 543,000, and 800 pounds and greater were 580,000.

Marketings of fed cattle during October totaled 1.81 million, 3 percent below 2007 but 3 percent above 2006.

Other disappearance totaled 67,000 during October, 43 percent above 2007 but 17 percent below 2006.


Click here for Col Jon's take on the COF report



To read the latest COF report from November 21, 2008, click the link below:

 USDA Cattle on Feed Nov 21 


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