Minnesota Ag Connection - Minnesota Cattle on Feed Down 10,000 from May

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Minnesota Cattle on Feed Down 10,000 from May
Minnesota Ag Connection - 06/26/2017

Cattle and calves on feed for slaughter market in Minnesota for all feedlots with a capacity of 1,000 or more head totaled 145,000 head on June 1, 2017, according to the latest USDA, National Agricultural Statistics Service -- Cattle on Feed report. This is down 10,000 head from last month and down 9,000 head from last year.

Placements during May totaled 17,000 head, up 5,000 head from last month and up 3,000 head from last year.

Marketings for May were 26,000 head, up 10,000 head from last month and up 9,000 head from last year.

Other disappearance totaled 1,000 head.

Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.1 million head on June 1, 2017. The inventory was 3 percent above June 1, 2016.

Placements in feedlots during May totaled 2.12 million head, 12 percent above 2016. Net placements were 2.05 million head. During May, placements of cattle and calves weighing less than 600 pounds were 400,000 head, 600-699 pounds were 315,000 head, 700-799 pounds were 529,000 head, 800-899 pounds were 550,000 head, 900-999 pounds were 235,000 head, and 1,000 pounds and greater were 90,000 head.

Marketings of fed cattle during May totaled 1.95 million head, 9 percent above 2016.

Other disappearance totaled 70,000 head during May, 5 percent below 2016.

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