WASHINGTON, D.C. – The June Cattle on Feed was mixed; both bearish and bullish. Lighter weight cattle were placed earlier which could have a lingering effect. Still, there was no definitive trend identified in this report. Expect to see lighter weight replacement to stay high if drought doesn’t lessen in the Northern Plains.
There were more cattle and calves in feedlots at the start of June than any other start this month on record. The on-feed total was up one percent on the year due to drought and feed concerns. Placements at two percent lower indicate tighter market-ready supplies this fall.
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.8 million head on June 1, 2022. The inventory was 1 percent above June 1, 2021. This is the highest June 1 inventory since the series began in 1996.
Placements in feedlots during May totaled 1.87 million head, 2 percent below 2021. Net placements were 1.79 million head. During May, placements of cattle and calves weighing less than 600 pounds were 370,000 head, 600-699 pounds were 270,000 head, 700-799 pounds were 465,000 head, 800-899 pounds were 469,000 head, 900-999 pounds were 220,000 head, and 1,000 pounds and greater were 75,000 head.
Marketings of fed cattle during May totaled 1.91 million head, 2 percent above 2021.
Other disappearance totaled 76,000 head during May, 13 percent above 2021.
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 1,090,000 head as of June 1, 2022. This latest inventory is unchanged from last month’s inventory and 1 percent above the June 1, 2021 inventory.
Cattle feeders with 1,000 head or larger capacity marketed an estimated 155,000 head of fed cattle during May 2022, 9 percent below last month but 11 percent above the May 2021 marketings.
An estimated 165,000 cattle and calves were placed on feed during May 2022, unchanged from a month ago and 13 percent below the May 2021 placements. Of the number placed in May, 18 percent weighed less than 600 pounds, 15 percent weighed from 600 to 699 pounds, 24 percent weighed from 700 to 799 pounds, 24 percent weighed 800 to 899 pounds, and 18 percent weighed 900 pounds or greater.
Other disappearance for May 2022 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 feedlots with a capacity of 1,000 or more head totaled 100,000 head on January 1, 2022, according to the latest USDA, National Agricultural Statistics Service – Cattle on Feed report. This was down 5 percent from December and down 13 percent from January 1, 2021.
Placements of cattle and calves in Minnesota feedlots with a capacity of 1,000 or more head during December totaled 11,000 head, down 31 percent from November but up 22 percent from last year.
Marketings of fed cattle from Minnesota feedlots with a capacity of 1,000 or more head during December totaled 15,000 head, unchanged from November but down 17 percent from last year.
Other disappearance totaled 1,000 head.
SOUTH DAKOTA:
South Dakota feedlots, with capacities of 1,000 or more head, contained 195,000 cattle on feed on June 1, according to the USDA’s National Agricultural Statistics Service. This inventory was down 11% from last year.
Placements during May totaled 28,000 head, down 10% from 2021.
Fed cattle marketings for the month of May totaled 47,000 head, up 12% from last year.
Other disappearance during May totaled 6,000 head, up 2,000 head from last year.
NEBRASKA:
Nebraska feedlots, with capacities of 1,000 or more head, contained 2.53 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 395,000 head, up 1% from 2021.
Fed cattle marketings for the month of May totaled 495,000 head, up 6% from last year.
Other disappearance during May totaled 20,000 head, up 5,000 head from last year
IOWA: Note: This report is a combination of estimates from the USDA Cattle on Feed survey for Iowa feedlots with a capacity of 1,000 or more head and the Iowa Department of Agriculture and Land Stewardship-funded Cattle on Feed survey for Iowa feedlots with a capacity of less than 1,000 head
Cattle and calves on feed for the slaughter market in Iowa feedlots with a capacity of 1,000 or more head totaled590,000 head on June 1, 2022, according to the latest USDA, National Agricultural Statistics Service Cattle on Feed report. This was unchanged from May but down 5 percent from June 1, 2021.
Iowa feedlots with a capacity of less than 1,000 head had 545,000 head on feed, down 4 percent from last month but up 3 percent from last year.
Cattle and calves on feed for the slaughter market in all Iowa feedlots totaled 1,135,000 head, down 2 percent from last month and down 1 percent from last year.
Placements of cattle and calves in Iowa feedlots with a capacity of 1,000 or more head during May 2022 totaled 74,000 head, down 13 percent from April but up 10 percent from May 2021. Feedlots with a capacity of less than 1,000 head placed 46,000 head, down 4 percent from April and down 8 percent from May 2021. Placements for all feedlots in Iowa totaled 120,000 head, down 10 percent from April but up 3 percent from May 2021.
Marketings of fed cattle from Iowa feedlots with a capacity of 1,000 or more head during May 2022 totaled 71,000 head, down 24 percent from April and down 4 percent from May 2021. Feedlots with a capacity of less than 1,000 head marketed 62,000 head, up 13 percent from April and up 9 percent from May 2021.
Marketings for all feedlots in Iowa were 133,000 head, down 10 percent from April but up 2 percent from May 2021.
Other disappearance from all feedlots in Iowa totaled 7,000 head.
KANSAS:
Kansas feedlots, with capacities of 1,000 or more head, contained 2.49 million cattle on feed on June 1, according to the USDA’s National Agricultural Statistics Service. This inventory was down 1% from last year.
Placements during May totaled 480,000 head, down 5% from 2021.
Fed cattle marketings for the month of May totaled 460,000 head, up 3% from last year.
Other disappearance during May totaled 10,000 head, unchanged from last year.
OKLAHOMA/TEXAS: *Note: This report contains results from the June 2022 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 2.94 million head on June 1, 2022, up 3 percent from a year ago.
Producers placed 465 thousand head in commercial feedlots during May, down 1 percent from a year ago.
Texas commercial feeders marketed 415 thousand head during May, down 3 percent from 2021.
On June 1, there were 2.62 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 up 3 percent from last year and up 2 percent from the May 1 total.
May placements in the Northern High Plains totaled 420 thousand head, up 16 percent from the April total.
Marketings were down 8 percent from last month at 360 thousand head.
