Dan’s Cow-Calf Corner Industry Snapshot: USDA Cattle Inventory and Cattle on Feed Reports

Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist — Last Friday USDA released the July Cattle on Feed report. Feedlot placements in June were 1.8 million head, 102.1 percent of last year. June marketings were 1.97 million head, up 1.3 percent year over year. Both placements and marketings were close to pre-report expectations and no major market reaction is expected.

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