Effective immediately, the U.S. Department of Agriculture’s Agriculture and Plant Health Inspection Service is implementing updated import and health certification requirements for live sheep and goats imported from Canada for restricted feeding for slaughter.
The latest USDA numbers show the size of the U.S. beef cattle herd continues to shrink. Last week’s Cattle On Feed report shows placements into feedlots during January were down 4%, feed lot inventories on February 1st came in at 11.7 million, resu...
Friday's USDA Cattle Feedlot Report provides more evidence that the cattle market is tightening up. USDA livestock analyst Shayle Shagam said that as of June 1st, the nation's feed lots with 1000 or more head capacity, had an inventory of 11.8 mi...
Big numbers in Friday's USDA report on cattle feedlots with capacities of 1000 head or more. For example just under two and a quarter head were placed in to feedlots in September. That's on the high end of industry expectations; 6% higher than September 2019
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On Friday, the USDA released it's cattle inventory and cattle-on-feed report. The USDA's Shayle Shagam says the two reports combine to tell the same story.
"Although the expansion may not be over, it's definitely slowing down."
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Feedlots placed 1.6 million head into the lots in July according to a USDA report, a three percent bump over the same time last year.
Still, that increase is less than was expected and Livestock Analyst Shayle Shagam said there could some clear reasons why.
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Cattle feedlots in June acquired three percent more head than June of last year, a number lower than many expected including USDA Livestock Analyst Shayle Shagam.
Shagam said the impact could be positive.
“This report will probably have some rather bullish connotations for the futures market.”
There...
The March Cattle on Feed report by the USDA contained surprising numbers as only feedlots saw only a five percent bump compared to this time last year with analysts expecting a higher number.
USDA Livestock Analyst Shayle Shagam says there could be a variety of reasons.
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