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Audio: January cattle on feed report | KTIC Radio

Audio: January cattle on feed report

Audio: January cattle on feed report

The January cattle on feed report showed an increase in cattle placed into feedlots and cattle marketed out of feedlots. The total number of cattle on feed was relatively unchanged from a year ago.

Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 12.0 million head on January 1, 2021. The inventory was slightly above January 1, 2020. The inventory included 7.40 million steers and steer calves, up slightly from the previous year. This group accounted for 62 percent of the total inventory. Heifers and heifer calves accounted for 4.57 million head, down slightly from 2020.

Placements in feedlots during December totaled 1.84 million head, 1 percent above 2020. Placements were the second highest for January since the series began in 1996. Net placements were 1.78 million head. During December, placements of cattle and calves weighing less than 600 pounds were 460,000 head, 600-699 pounds were 435,000 head, 700-799 pounds were 425,000 head, 800-899 pounds were 317,000 head, 900-999 pounds were 110,000 head, and 1,000 pounds and greater were 95,000 head.

Marketings of fed cattle during December totaled 1.85 million head, 1 percent above 2020. Marketings were the second highest for January since the series began in 1996.

 

January Cattle on Feed January 2021 Est. Range of Estimates
On Feed 100.00% 99.30% 98.8%-99.9%
Placed 101.00% 97.00% 98.9%-106.5%
Marketed 101.00% 100.70% 100.3%-101.8%

 

Jerry Stowell with Country Futures breaks down the full report here:

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