US Cattle down 2%
- Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.2 million head on July 1, 2023.
- The inventory was 2 percent below July 1, 2022.
- The inventory included 6.73 million steers and steer calves, down 3 percent from the previous year, accounting for 60 percent of the total inventory.
- Heifers and heifer calves accounted for 4.47 million head, unchanged from 2022.
- Placements in feedlots during June totaled 1.68 million head, 3 percent above 2022.
- Net placements were 1.61 million head.
- During June, placements of cattle and calves weighing less than 600 pounds were 390,000 head.
- 600-699 pounds: 275,000 head.
- 700-799 pounds: 380,000 head.
- 800-899 pounds: 368,000 head.
- 900-999 pounds: 185,000 head.
- 1,000 pounds and greater: 80,000 head.
- Marketings of fed cattle during June totaled 1.96 million head, 5 percent below 2022.