U.S. Cattle Inventories Pull Back Slightly
March 27, 2017 6:00am
The USDA’s newest cattle inventory numbers indicate placements in feedlots of a thousand or more in February were down 1 per cent from last year at 1.69 million head.
The total U.S. inventory for those lots to start March was at 10.8 million, the same as a month earlier.
Marketings continue to climb.
The 1.65 million marketed last month represent a 4 point gain on 2016.