Cattle on feed in the US is down slightly.
Numbers are out from the National Agricultural Statistics Service, Agricultural Statistics Board and United States Department of Agriculture.
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.7-million head on February 1 of this year. The inventory was slightly below February 1, 2015.
Placements in feedlots during January totaled 1.78-million head, 1 % below 2015. Net placements were 1.72-million head.
Marketings of fed cattle during January totaled 1.59-million head, 2 % below 2015.
Marketings are the lowest for January since the series began in 1996.
