Cattle On Feed
University of Missouri
November 1, 2013
USDA-NASS said the number of cattle on feed in large feedlots at the start of October was down 7.7% compared to October 2012. The pre-release trade forecast was for the on-feed number to be down 7.4%. This is the fourteenth consecutive month that the number of cattle on feed has been below the year-ago level. The October on-feed number is the lowest for any October since 1998.
September placements of cattle into large feed yards (over 1,000 head capacity) were 1.0% higher than in September 2012. The 2.025 million head placed was the second fewest (behind 2012) for any September since USDA started this data series in 1996. The average of pre-release trade forecasts was for September placements to be up 0.7%.
USDA said marketings of fed cattle from large feed yards during September totaled 1.695 million head, up 6.1% compared to September 2012, but still the second lowest (after 2012) for any September since 1996. The trade predicted September marketings would be up 4.3%. September steer and heifer slaughter was up 4.4% compared to a year ago. There was one more marketing day in September 2013 compared to a year earlier.
The calculated average weight of cattle placed on feed during September was up 1.1% from September 2012 and was greater than a year-ago for the 16th consecutive month. The number of cattle placed on feed weighing less than 600 pounds was down 7.8% from the previous July. Placements of feeders weighing 600 to 700 pounds were down 5.6%; placements weighing 700 to 800 pounds were up 8.1%, and placements weighing more than 800 pounds were up 6.5% compared to a year earlier.
Once each quarter, USDA reports on-feed inventories by sex. The number of steers on feed October 1 was down 7.4%. The number of heifers on feed was down 7.7%. This was the sixth consecutive quarter that heifer numbers have declined relative to steer numbers. This implies more heifer retention.
Cattle on Feed, 1000+ Capacity Feedlots, U.S.
| 2011 || 2012 || 2013 || Percent of |
|1,000 head |
|On Feed September 1 || 10,700|| 10,647|| 9,876|| 92.8%|
|Placed during September || 2,469|| 2,004|| 2,025|| 101.0%|
|Marketed during September || 1,813|| 1,598|| 1,695|| 106.1%|
|Other Disappearance || 74|| 64|| 62|| 96.9%|
|On Feed October 1 || 11,282|| 10,989|| 10,144|| 92.3%|