USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year.
Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought conditions in much of the major cattle-feeding regions. Those increased placements would normally be considered bearish, but market-ready cattle numbers are tight, and marketings were down 10 percent. In the first four months of this year, through April, cattle slaughter was down 870,000 head, or 8.6 percent. Based on one less slaughter day in 2026, that nets out to a drop of 7.5 percent. April fed beef production was down 6.5 percent, and non-fed beef...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
USDA’s monthly cattle on feed report was released today, along with the semi-annual cattle inventory report. The total number of cattle on feed in feedlots with a capacity of 1,000 head or more amounted to 11.4 million head, or 102 percent of last year. All cattle and calves totaled 94.2...
