USDA’s monthly Cattle on Feed report was released on Friday. Total cattle on feed amounted to 11.7 million head, 98 percent of last year.
Placements were the lowest for the month of October since the series began in 1996, dropping 10 percent on the year due to tight supply of cattle. This is a major reversal as placements in October 2024 were 2.27 million head, the largest since 2019. Placements weighing less than 800 pounds were 68 percent of the total volume placed on feed, compared to 57 percent last year.
As a percentage of total inventory, October marketings were below current at 14.5 percent in 2025. Daily marketings in October were 77,136 versus 83,864 in October 2024. October had 22 slaughter days in...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
