Record May First Cattle Feedlot Inventory
USDA is reporting that the nation's cattle feed lots on May 1st were feeding 12 million head.
"Which was the highest May 1st number since the series began in 1996."
And 2% above May 1st a year ago. USDA livestock analyst Shayle Shagam said that's partly of the result of large numbers of placements of cattle into feed lots during March, and now during April, placements were 1
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