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September Cattle-On-Feed Report considered neutral to markets

WASHINGTON, D.C. – Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.3 million head on Sept. 1, 2022, USDA NASS reported on Friday. The inventory was only 45,000 head more than a year ago. This is the second-highest Sept. 1 inventory since the series began in 1996.

According to DTN Livestock Analyst ShayLe Stewart, total on-feed numbers for Sept. 1, 2022, totaled 11,279,000 head, which is only 45,000 head more than a year ago.

The major feeding states that showed steady/higher year-over-year on-feed numbers were Iowa (steady, 590,000 head), Nebraska (up 4%, 2,370,000 head), and Texas (up 4%, 2,820,000 head).

Both Kansas (down 4%, 2,380,000 head) and Colorado (down 5%, 1,030,000 head) were the major feeding regions that were lower compared to a year ago.

Placements in feedlots during August totaled 2.11 million head, slightly above 2021. Net placements were 2.06 million head. During August, placements of cattle and calves weighing less than 600 pounds were 430,000 head, 600-699 pounds were 320,000 head, 700-799 pounds were 465,000 head, 800-899 pounds were 532,000 head, 900-999 pounds were 270,000 head, and 1,000 pounds and greater were 95,000 head.

Marketings of fed cattle during August totaled 2.00 million head, 6% above 2021.

Other disappearance totaled 53,000 head during August, 10% below 2021.

Industry analysts point out that that in a normal year, heifer calves aren’t placed as aggressively in feedlots as they are currently. But given that drought conditions are still plaguing a considerable portion of the U.S., heifer calve continue to find their way into feedlots across the nation.

Still, with fed cattle marketings up 6% – equaling over 2,000,000 marketed – the fast pace of placements is not affecting keeping showlists current.

 

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 1,030,000 head as of September 1, 2022. The latest inventory was 1 percent below last month and 5 percent below the September 1, 2021 inventory.

Cattle feeders with 1,000 head or larger capacity marketed an estimated 185,000 head of fed cattle during August 2022. This was 6 percent above last month’s marketings and 6 percent above the marketings one year earlier.

An estimated 180,000 cattle and calves were placed on feed during August 2022, 13 percent above the previous month’s placements, but 18 percent below August 2021 placements. Of the number placed in August, 17 percent weighed less than 600 pounds, 17 percent weighed from 600 to 699 pounds, 19 percent weighed from 700 to 799 pounds, 28 percent weighed from 800-899 pounds, and 19 percent weighed 900 pounds and greater.

Other disappearance for August, was 5,000 head, the same as last month and 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 90,000 head on September 1, 2022, according to the latest USDA, National Agricultural Statistics Service – Cattle on Feed report. This was up 6 percent from August but unchanged from September 1, 2021.

Placements of cattle and calves in Minnesota feedlots with a capacity of 1,000 or more head during August totaled 18,000 head, up 80 percent from July and up 29 percent from last year.

Marketings of fed cattle from Minnesota feedlots with a capacity of 1,000 or more head during August totaled 12,000 head, down 14 percent from July and down 33 percent from last year. Other disappearance totaled 1,000 head.

NEBRASKA: Nebraska feedlots, with capacities of 1,000 or more head, contained 2.37 million cattle on feed on September 1, according to the USDA’s National Agricultural Statistics Service. This inventory was up 4% from last year.

Placements during August totaled 570,000 head, up 3% from 2021.

Fed cattle marketings for the month of August totaled 510,000 head, up 10% from last year.

Other disappearance during August totaled 10,000 head, unchanged 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 totaled 590,000 head on September 1, 2022, according to the latest USDA, National Agricultural Statistics Service – Cattle on Feed report. This was up 2 percent from August but unchanged from September 1, 2021. Iowa feedlots with a capacity of less than 1,000 head had 480,000 head on feed, down 2 percent from last month but unchanged from last year.

Cattle and calves on feed for the slaughter market in all Iowa feedlots totaled 1,070,000 head, unchanged from last month and unchanged from last year.

Placements of cattle and calves in Iowa feedlots with a capacity of 1,000 or more head during August 2022 totaled 89,000 head, up 48 percent from July and up 16 percent from August 2021. Feedlots with a capacity of less than 1,000 head placed 38,000 head, down 32 percent from July and down 36 percent from August 2021. Placements for all feedlots in Iowa totaled 127,000 head, up 9 percent from July but down 7 percent from August 2021.

Marketings of fed cattle from Iowa feedlots with a capacity of 1,000 or more head during August 2022 totaled 78,000 head, up 34 percent from July but down 8 percent from August 2021. Feedlots with a capacity of less than 1,000 head marketed 44,000 head, down 47 percent from July and down 21 percent from August 2021. Marketings for all feedlots in Iowa were 122,000 head, down 13 percent from both July and August 2021.

Other disappearance from all feedlots in Iowa totaled 5,000 head.

KANSAS:  Kansas feedlots, with capacities of 1,000 or more head, contained 2.38 million cattle on feed on September 1, according to the USDA’s National Agricultural Statistics Service. This inventory was down 4% from last year.

Placements during August totaled 535,000 head, up 1% from 2021.

Fed cattle marketings for the month of August totaled 485,000 head, up 5% from last year.

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

TEXAS/OKLAHOMA: *This report contains results from the September 2022 Cattle on Feed Survey collected during the first two weeks of September. 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 2.82 million head on September 1, 2022, up 4 percent from a year ago. Producers placed 430 thousand head in commercial feedlots during August, up 9 percent from a year ago. Texas commercial feeders marketed 450 thousand head during August, up 13 percent from 2021.

On September 1, there were 2.50 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 4 percent from last year but down 1 percent from the August 1 total.

August placements in the Northern High Plains totaled 382 thousand head, up 9 percent from the July total. Marketings were up 16 percent from last month at 408 thousand head.

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