US cattle on feed down 8% on January 1
The inventory of the historic seven States for feedlots with capacity of 1,000 or more head comprised 5.61 million steers and steer calves – 61% of the total inventory and 3.47 million heifer calves. Both livestock groups were down 8% on the year previous.
Placements in feedlots during December amounted to 1.38 million, 4 percent above 2001 but 4 percent below 2000 while marketings during the month amounted to 1.57 million - 1 percent above 2001 and 4 percent above 2000. ‘Other disappearance’ including death loss, movement from feedlots to pasture, and shipments to other feedlots for further feeding amounted to 85,000 head, 7% up on the year before.