USDA released the monthly Cattle on Feed report today. The total cattle on feed inventory was 11.7 million head, at 99 percent of last year. Placements in feedlots during January totaled 1.82 million head, 2 percent above 2024. Net placements were 1.76 million head. Marketings totaled 1.87 million head, 1 percent above 2024.
January marketings as a percent of inventory were 15.4 percent, compared to 14.6 percent in January 2024. On a daily basis marketings were 82,818, last month versus 83,733 in January 2024. January 2025 and January 2024 both had 23 slaughter days.
Marketings of fed cattle from feedlots with a capacity of 1,000 or more head during 2024 represented 87.2 percent of total cattle marketed from all feedlots in the Unit...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
