National Ag News
October cattle placements jump 10%
The number of cattle in U.S. feedlots continues to grow.
The USDA says that during October 2017, placements into feedlots were up 10% from October 2016 at 2.393 million head, supported by mostly higher cash prices last month and cheaper feed costs. More than half of those cattle weighed less than 800 pounds and will be marketed from April through September 2018. By weight, placements of cattle weighing less than 600 pounds were 675,00 head, with 600 to 699 pounders at 590,000 head and 700 to 799 pound placements at 510,00 head, while 800 to 899 pound placements were 368,000 head, 900 to 999 pound placements were 160,000 head, and placements of cattle weighing more than 1,000 pounds were 90,000 head.
Continue reading October cattle placements jump 10% at Brownfield Ag News.
