USDA reports U.S. Cattle on Feed down 2 percent in feedlots with capacity of 1,000 or more head to total 11.7 million head on December 1, 2025.  Placements in feedlots during November totaled 1.60 million head, 11 percent below 2024.  Marketings of during November totaled 1.52 million head, 12 percent below 2024. (Marketings were the second lowest for November since the series began in 1996, and the result is that the estimated number of cattle on feed for 120 days remains comfortable - please see the final chart.)  Other Disappearance totaled 53,000 head during November, 4 percent below 2024.  ...