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U.S. Cattle on Feed Update – Dec ’14

  • December 22, 2014
  • by wbabler
According to USDA, cattle and calves on feed for slaughter market in the U.S. for feedlots with capacity of 1,000 or more head totaled 10.9 million head on December 1, 2014. The Dec ’14 U.S. cattle on feed supply was up 1.4%, or 152,000 head from December 1st of last year. The YOY increase in monthly cattle on feed supply was the second in a row after 26 consecutive months of YOY declines were experienced from Sep ’12 to Oct ’14. US Cattle on Feed - Dec Placements in feedlots during Nov ’14 totaled 1.79 million head, down 4.0%, or 75,000 head from November of last year. Placements for those weighing 700-799 pounds and 800 pounds or more increased 2.8% and 3.5% YOY, respectively, while placements for those weighing 600-699 pounds and under 600 pounds declined by 13.7% and 5.2% YOY, respectively. Placements were the second lowest figure recorded for the month of November since the series began in 1996. US Cattle Placements - Dec After deferred placements of heavier animals in the summer months, weights in Aug – Nov ’14 indicate a continued trend towards heavier placements relative to last year. US Cattle Placements by Weight Group - Dec Nov ’14 cattle placements under 700 pounds declined 9.2% YOY. Cattle placements under 700 pounds were generally higher throughout the ’13-’14 production season, finishing up 4.2% YOY, however placements under 700 pounds have declined 4.6% over the past four months. US Cattle Placements, Under 700lbs - Dec Nov ’14 cattle placements 700 pounds or heavier increased 3.2% YOY. Cattle placements 700 pounds or heavier finished the ’13-’14 production season down 3.3% after declining 10.2% from Mar ’14 – Aug ’14, but have increased 2.0% throughout the past three months. US Cattle Placements, Over 700lbs - Dec Marketings of fed cattle during Nov ’14 totaled 1.48 million head, down 11.1%, or 185,000 head, from November of 2013. Total marketings of fed cattle have declined 7.7% throughout the past five months, with Nov ’14 marketings being the lowest November figure since the series began in 1996. Other disappearance totaled 74,000 head during November, up 8.8% YOY. US Cattle Marketings - Dec
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Atten Babler Risk Management LLC
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Atten Babler Risk Management LLC use sources that they believe to be reliable, but they cannot warrant the accuracy of any of the data included in this site. Opinions and market data are subject to change at any time. Unless otherwise stated the information contained herein is meant for informational purposes only and is not a solicitation to enter into any transaction.
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