Cattle and calves on feed for the slaughter market in Minnesota for feedlots with a capacity of 1,000 or more head totaled 125,000 head on November 1, 2020, according to the latest USDA, National Agricultural Statistics Service – Cattle on Feed report.
This is up 20,000 head from last month but down 5,000 head from last year.
Placements during October totaled 35,000 head, up 16,000 head from September, but down 4,000 head from last year.
Marketings for October were 14,000 head, down 9,000 head from last month but up 1,000 head from last year.
Other disappearance totaled 1,000 head.
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 12.0 million head on November 1, 2020.
The inventory was 1% above November 1, 2019.
This is the highest November 1 inventory since the series began in 1996.
Placements in feedlots during October totaled 2.19 million head, 11% below 2019.
Net placements were 2.13 million head.
During October, placements of cattle and calves weighing less than 600 pounds were 570,000 head, 600-699 pounds were 495,000 head, 700-799 pounds were 465,000 head, 800-899 pounds were 387,000 head, 900-999 pounds were 185,000 head, and 1,000 pounds and greater were 90,000 head.