Sunday, February 16, 2025
HomeAg NewsJanuary Cattle on Feed Down 1%, Placements Down 3%

January Cattle on Feed Down 1%, Placements Down 3%

(WASHINGTON D.C.) — The latest USDA numbers seemingly could give the cattle markets more bullish reasoning to continue it’s record pace.

According to the January Cattle on Feed Report out Friday, cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.8 million head on January 1, 2025. The inventory was 1 percent below January 1, 2024. The inventory included 7.25 million steers and steer calves, up 1 percent from the previous year. This group accounted for 61 percent of the total inventory. Heifers and heifer calves accounted for 4.58 million head, down 3 percent from 2024.

The placements number could also be considered somewhat bullish as placements in feedlots during December totaled 1.64 million head, 3 percent below 2023. Net placements were 1.58 million head. During December, placements of cattle and calves weighing less than 600 pounds were 395,000 head, 600-699 pounds were 380,000 head, 700-799 pounds were 375,000 head, 800-899 pounds were 287,000 head, 900-999 pounds were 115,000 head, and 1,000 pounds and greater were 90,000 head.

Marketings of fed cattle during December totaled 1.74 million head, 1 percent above 2023 while other disappearance totaled 59,000 head during December, 2 percent below 2023.

View the full cattle on feed report here: https://downloads.usda.library.cornell.edu/usda-esmis/files/m326m174z/s7528629n/8w32t1620/cofd0125.pdf

You can also hear some thoughts and analysis of the record breaking week in the cattle trade on Friday’s episode of Market Talk featuring analysis with Tommy Grisafi of Nesvick Trading and Kent Beadle of Paradigm Futures.

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