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July cattle on feed drops yet again

Published on 19 July 2013

The USDA report for cattle on feed in July shows another drop in cattle on feed, down 3 percent over July 2012, while feedlot placements dropped 5 percent June from the year previous.

Total placements were 1.59 million in June, and marketings of fed cattle were at 1.9 million - another 4 percent drop from 2012. The marketings were at the lowest level since the series was first recorded by USDA in 1996. For 2013, all cattle on feed reports have been below their levels from the previous year. See the full USDA report here.

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