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Minnesota cattle and calves on feed for March

[/title][fusion_text]Friday, April 22nd 2016

Cattle and calves on feed for slaughter market in Minnesota for all feedlots with a capacity of 1,000 or more head totaled 160,000 head on April 1, 2016, according to the latest USDA, National Agricultural Statistics Service – Cattle on Feed report. This is down 2 percent from last month but up 10 percent from last year. Placements during March totaled 17,000 head, down 6,000 head from last month and last year. Marketings for March were 19,000 head, up 2,000 head from last month but down 2,000 head from last year. Other disappearance totaled 1,000 head. Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.9 million head on April 1, 2016. The inventory was 1 percent above April 1, 2015. The inventory included 7.36 million steers and steer calves, down 1 percent from the previous year. This group accounted for 68 percent of the total inventory. Heifers and heifer calves accounted for 3.49 million head, up 4 percent from 2015. Placements in feedlots during March totaled 1.89 million head, 5 percent above 2015. Net placements were 1.83 million head. During March, placements of cattle and calves weighing less than 600 pounds were 352,000 head, 600-699 pounds were 275,000 head, 700-799 pounds were 495,000 head, and 800 pounds and greater were 770,000 head. Marketings of fed cattle during March totaled 1.75 million head, 7 percent above 2015. Other disappearance totaled 62,000 head during March, 10 percent below 2015.

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