U.S. Cattle on Feed up 2 percent - cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 12.1 million head on April 1, 2022. The inventory was 2 percent above April 1, 2021. (This is the highest April 1 inventory since the series began in 1996.) Placements in feedlots during March totaled 1.99 million head, slightly below 2021. Marketings of fed cattle during March totaled 2.00 million head, 2 percent below 2021. Other disappearance totaled 53,000 head during March, 12 percent below 2021
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Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
