Dan’s Cow-Calf Corner November Cattle Market Update

Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist — The November USDA- NASS Cattle on Feed report was well anticipated and should not cause big surprises in the market. Feedlot placements in October were 2.245 million head, 102.4 percent of last year. Marketings in October were 1.788 million head, 95.5 percent of one year ago. There was one less business day in October 2021 compared to last year, so average daily marketings were equal to last year. The November 1 on-feed total was 11.948 million head, 99.8 percent of last year. Though the November feedlot inventory was only…

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