(WASHINGTON D.C.) — The latest Cattle on Feed report from USDA came out for December 2024 and was fairly neutral and in line with pre-report expectations.
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 12.0 million head on December 1, 2024. The inventory was slightly below December 1, 2023.
Placements in feedlots during November totaled 1.80 million head, 4 percent below 2023. Net placements were 1.74 million head. During November, placements of cattle and calves weighing less than 600 pounds were 495,000 head, 600-699 pounds were 420,000 head, 700-799 pounds were 375,000 head, 800-899 pounds were 276,000 head, 900-999 pounds were 145,000 head, and 1,000 pounds and greater were 85,000 head.
Marketings of fed cattle during November totaled 1.73 million head, 1 percent below 2023. Other disappearance totaled 55,000 head during November, 2 percent above 2023. The numbers broke down to on feed at 100%, placements at 96% and marketings at 99% of year ago levels according to USDA.
View the full report here: https://usda.library.cornell.edu/concern/publications/m326m174z
