Grills are Heating up Nationwide, and so is Demand for Beef.
Cattle Sales up, placements on Feed Down.
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Cattle Sales up, placements on Feed Down.
Columnist Randy Martinson notes that the northern Plains continue to see slow planting progress in North Dakota while Minnesota and South Dakota have been able to catch up to their average pace.
Cattle on Feed Report USDA’s latest Cattle on Feed report, released May 21, shows the number of animals on feed as of May 1 is 4.7% above year-ago levels. The report provides monthly estimates of the number of cattle being fed for slaughter. For the report, USDA surveys feedlots of 1,000 head or more, as this represents 85% of all fed cattle. Cattle feeders provide data on inventory, placements, marketings and other disappearance. It is important to remember that due to COVID-19 disruptions last year, typical year-over-year comparisons need to be contextualized. The May Cattle on...
May COF report shows inventory up, placements higher than expected AFBF Market-Intel, Michael Nepveux, EconomistMay 24, 2021Agriculture News AP, Columbus, NE WASHINGTON, DC – USDA’s latest Cattle on Feed report, released May 21, shows the number of animals on feed as of May 1 is 4.7% above year-ago levels. It is important to remember that due to COVID-19 disruptions last year, typical year-over-year comparisons need to be contextualized. May Cattle on Feed Report The report showed a total inventory of 11.725 million head in the United States on May 1, up from the same time in 2020 but dow...