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Cattle placement increased 4% year-on-year

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Cattle placement increased 4% year-on-year

The USDA states that more cattle were placed on feedlots in November 2021 than in November 2020.

The placement was 4% higher than 19.71 million a year ago, and various estimates were reflected in the report due to increased marketing rates due to drought conditions in some of the major supply areas of the United States. Most of the placed cows weigh less than 800 pounds and were put on the market next spring and early summer. By weight, cows weighing less than 600 pounds are 565,000, 600 to 699 pounds are 485,000, 700 to 799 pounds are 405,000, and 800 to 899 pound cows are 296,000, from 900. It was 999. The pound placement was 130,000 and the cows weighing 1,000 pounds or more were 90,000.

Marketing in November was up 5% to 18.73 million, the highest in a month as prices soared and feedlots sold out quickly since the series of reports began in 1996.

The total number of cattle and calves raised in the United States is 11.985 million, slightly below a year ago.

In the short term, the numbers appear to be supportive, and the long-term outlook can be bearish due to these arrangements, but it depends, at least in part, on post-holiday demand signals.

Year-to-year changes in Brownfield:

Iowa: Feed: 610,000, unchanged from December 1stst, 2020; Placement: 94,000, 15% more than a year ago.Marketing: 92,000 heads, 2% more than last year

Kansas: Feed: 2.48 million, 1% decrease from December 1stst, 2020; Placement: 435,000, 5% more than a year ago.Marketing: 455,000, 7% more than last year

Minnesota: Feed: 105,000, 16% decrease from 1st Decemberst, 2020; Placement: 16,000, 7% increase from a year ago.Marketing: 15,000, 7% more than last year

Nebraska: On feed: 2.58 million, up 2% from 1st Decemberst, 2020; Placement: 490,000, 7% more than a year ago.Marketing: 455,000, 10% more than last year

South Dakota: Feed: 2.88 million, down 1% from 1 Decemberst, 2020; Placement: 62,000, 22% less than a year ago.Marketing: 56,000, 6% more than last year

all
Use by 12-23-2021 – 12-27-2021
Production of lean meat
PERKINS

According to the USDA, lean meat and beef production in November was a record high.

Beef is reported to be £ 2.4 billion, an increase of 5% over a year ago, and a 6% increase in slaughter offsets the decrease in average body weight of £ 5.

Pork was slightly higher at £ 2.4 billion, slaughtering increased by 1% and average body weight decreased by £ 3.

Red meat production totaled £ 4.8 billion in November, up 2% year-to-date, and totaled £ 51 billion year-to-date, slightly ahead of record pace in 2020.



Cattle placement increased 4% year-on-year

https://brownfieldagnews.com/news/cattle-placements-up-4-on-year/ Cattle placement increased 4% year-on-year

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