HomeFarm NewsCattle placements into feedlots fall 5%Cattle placements into feedlots fall 5%Fri, September 22, 2023 by Brownfield Ag NewsSHARE NOW brownfieldagnews.comThe USDA says placements of cattle into U.S. feedlots during August were 2.003 million head, a decline of 5% on the year. That’s tied to lower cow numbers caused by increased slaughter rates due to drought in many of the major feeding areas. Reduced feeder cattle imports from Mexico were also a factor in those smaller placements. Cattle placed into feedlots during August are typically marketed in late winter through late spring.Marketings were 1.884 million head, 6% below August 2022 because of aggressive marketings earlier in the year.…Cattle placements into feedlots fall 5%
