USDA’s monthly Cattle on Feed report was released today at 3 p.m. Total cattle on feed amounted to 10.9 million head, 98 percent of last year.
Total placements were down 6 percent but were above the average pre-report estimate. Marketings were down 6 percent, in line with pre-report estimates.
Overall, placements by weight were 21.2 percent under 600 pounds, with 36.6 percent under 700 pounds, compared to 32.2 percent last month and 38 percent last year. Placements by weight category were below year ago numbers for all categories except for cattle under 600 pounds, a reverse from July 2024 where all categories were less than 2024 except for cattle weighing more than 1,000 pounds.
As a percentage of to...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...