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USA Cattle on Feed Inventory - …

Vol. 16, No. 57 / March 21, 2018 USDA will release on Friday, March 23, the results of its monthly survey of feedlot opera ons that have a capacity more than 1000 head of ca le. Analysts polled by Urner Barry ahead of this report (11 analysts) indicated that they expect feedlot inventories on March 1 to be higher than the same period a year ago. February placements are expected to be up compared to last year while marke ngs are expected to be up Let s look at each one of these survey components separately. The average marke ng es mate from analysts matches the slaughter data for the month of February. According to the daily slaughter data, steer/heifer slaughter in February was million head, higher than the same period a year ago.

Vol. 16, No. 57 / March 21, 2018 USDA will release on Friday, March 23, the results of its monthly survey of feedlot operaons that have a capacity more than

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