Cattle on Feed Declines – 09/9/2023
The number of cattle on feed likely declined last month. The high cost of feeder cattle replacements was the principal factor limiting cattle on feed activity. The need to hold back heifers to increase the cattle herd will likely keep both feeder cattle and finished cattle supplies tight through at least the next two calendar years.
| US Cattle on Feed, August, Thousand Head | ||||
| 2021 | 2022 | 2023 | % Change | |
| On feed August 1 …………………..: | 11,074 | 11,224 | 11,030 | |
| Placed on feed during August ………..: | 2,103 | 2,115 | 1,825 | -14% |
| Fed cattle marketed during August ……: | 1,884 | 2,004 | 1,900 | -5% |
| Other disappearance during August ……: | 59 | 53 | 55 | |
| On feed September 1 ………………..: | 11,234 | 11,282 | 10,900 | -3% |
| 2023 Our Estimate | ||||
The August Cattle on feed report is scheduled for release September 22, 2023.