Cattle on Feed report near estimates, inventory up slightly

WASHINGTON, DC -The June25 Cattle on Feed (COF) report is modestly friendly with placements a couple percentage points under most guesses. Marketings were in line with expectations leaving COF even with last year.

Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.7 million head on June 1, 2021. The inventory was slightly above June 1, 2020. This is the second highest June 1 inventory since the series began in 1996.

Iowa Cattlemen’s Association

Placements in feedlots during May totaled 1.91 million head, 7 percent below 2020. Net placements were 1.84 million head. During May, placements of cattle and calves weighing less than 600 pounds were 355,000 head, 600-699 pounds were 255,000 head, 700-799 pounds were 470,000 head, 800-899 pounds were 501,000 head, 900-999 pounds were 235,000 head, and 1,000 pounds and greater were 95,000 head.

Marketings of fed cattle during May totaled 1.87 million head, 23 percent above 2020.

Other disappearance totaled 67,000 head during May, 2 percent above 2020.

COLORADO: The number of cattle and calves on feed for the slaughter market in Colorado feedlots with a capacity of 1,000 head or larger was estimated at 1,080,000 head as of June 1, 2021. This latest inventory is 4 percent above last month’s inventory and 7 percent above the June 1, 2020 inventory.

Cattle feeders with 1,000 head or larger capacity marketed an estimated 140,000 head of fed cattle during May 2021, 20 percent below last month and 3 percent below the May 2020 marketings.

An estimated 190,000 cattle and calves were placed on feed during May 2021, 19 percent above a month ago but 12 percent below the May 2020 placements. Of the number placed in May, 16 percent weighed less than 600 pounds, 13 percent weighed from 600 to 699 pounds, 24 percent weighed from 700 to 799 pounds, 26 percent weighed 800 to 899 pounds and 21 percent weighed 900 pounds or greater.

Other disappearance for May 2021 is estimated at 10,000 head, up 5,000 head from last month, but no change from last year.

MINNESOTA: Cattle and calves on feed for the slaughter market in Minnesota for feedlots with a capacity of 1,000 or more head totaled 105,000 head on June 1, 2021, according to the latest USDA, National Agricultural Statistics Service – Cattle on Feed report. This is down 5,000 head from last month and down 25,000 head from last year.

Placements during May totaled 11,000 head, down 2,000 head from April, but unchanged from last year.

Marketings for May were 15,000 head, down 2,000 head from last month but up 5,000 head.

Other disappearance totaled 1,000 head.

IOWA: Cattle and calves on feed for the slaughter market in Iowa feedlots with a capacity of 1,000 or more head totaled 620,000 head on June 1, 2021, according to the latest USDA, National Agricultural Statistics Service – Cattle on Feed report. This was down 2% from May and down 3% from June 1, 2020. Iowa feedlots with a capacity of less than 1,000 head had 510,000 head on feed, down 3% from last month and down 11% from last year. Cattle and calves on feed for the slaughter market in all Iowa feedlots totaled 1,130,000 head, down 2% from last month and down 7% from last year.

Placements of cattle and calves in Iowa feedlots with a capacity of 1,000 or more head during May totaled 67,000 head, down 34% from April and down 11% from last year. Feedlots with a capacity of less than 1,000 head placed 49,000 head, down 12% from April but up 17% from last year. Placements for all feedlots in Iowa totaled 116,000 head, down 26% from April and down 1% from last year.

Marketings of fed cattle from Iowa feedlots with a capacity of 1,000 or more head during May totaled 74,000 head, down 24% from April but up 42% from last year. Feedlots with a capacity of less than 1,000 head marketed 61,000 head, down 10% from April but up 27% from last year. Marketings for all feedlots in Iowa were 135,000 head, down 19% from April but up 35% from last year.

Other disappearance from all feedlots in Iowa totaled 6,000 head.

NEBRASKA: Nebraska feedlots, with capacities of 1,000 or more head, contained 2.44 million cattle on feed on June 1, according to the USDA’s National Agricultural Statistics Service. This inventory was up 1% from last year.

Placements during May totaled 390,000 head, down 5% from 2020.

Fed cattle marketings for the month of May totaled 465,000 head, up 31% from last year.

Other disappearance during May totaled 15,000 head, unchanged from last year.

KANSAS: Kansas feedlots, with capacities of 1,000 or more head, contained 2.52 million cattle on feed on June 1, according to the USDA’s National Agricultural Statistics Service. This inventory was up 4% from last year.

Placements during May totaled 505,000 head, up 2% from 2020.

Fed cattle marketings for the month of May totaled 445,000 head, up 19% from last year.

Other disappearance during May totaled 10,000 head, unchanged from last year.

OKLAHOMA/TEXAS: This report contains results from the June 2021 Cattle on Feed Survey collected during the first two weeks of June. Data provided by Oklahoma and Texas producers are the foundation of the estimates made for the Southern Plains region.

Cattle and calves on feed for slaughter market in Texas feedlots with capacity of 1,000 head or more totaled 2.85 million head on June 1, 2021, down 3 percent from a year ago. Producers placed 470 thousand head in commercial feedlots during May, down 17 percent from a year ago.

Texas commercial feeders marketed 430,000 head during May, up 37 percent from 2020.

On June 1, there were 2.54 million head of cattle and calves on feed in the Northern High Plains, 89 percent of the state’s total. The number on feed across the area was down 2 percent from last year but up 2 percent from the May 1 total.

May placements in the Northern High Plains totaled 435,000 head, up 18 percent from the April total.

Marketings were down 5 percent from last month at 385,000 head.

*NOTE: The Comprehensive Fed Cattle Weekly Report offers the most current information on the current status of fed cattle being harvested. The report is published each Tuesday and includes the previous week’s change in carcass weights and quality grading. The latest report shows carcass weights down 1# at 855#. Quality grade grading was down 1.1% at 80.70%

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