The inventory of cattle and calves on feed in the U-S on December 1st was slightly below where it was a year ago.
The USDA reports 1 point 6 million head of cattle were placed on feedlots in November while 1 point 53 million head of fat cattle were marketed.
That placement number was down 11 per cent from 2014 and the lowest for November since the series began in 1996.
U-S fed cattle marketings were up 4 per cent from November of 2014.