October feedlot inventory second highest since reporting began
Posted on October 20, 2023
Source: Farm Progress. The original article is posted here.
The inventory included 6.95 million steers and steer calves, up slightly from the previous year. The group accounted for 60% of the total inventory. Heifers and heifer calves accounted for 4.64 million head, up 1% from 2022.
Placements in feedlots during September totaled 2.21 million head, 6% above 2022. The trade had only expected a 1% rise in the number.
Source: USDA NASS
Net placements were 2.15 million head. During September, placements of cattle and calves weighing less than 600 pounds were 460,000 head, 600-699 pounds were 355,000 head, 700-799 pounds were 485,000 head, 800-899 pounds were 521,000 head, 900-999 pounds were 290,000 head, and 1,000 pounds and greater were 95,000 head.
Marketings of fed cattle during September totaled 1.66 million head, 11% below 2022. The trade had expected an 8% decline.
Clark County Feeders is a BQA Certified 655-acre feed yard and grain storage facility specializing in beef cattle custom feeding and grain purchase, storage and sales.
