Blog Post

Feedlot inventories at Another Monthly Record High

Just like the past few months, the latest monthly Cattle on Feed report showed a record number of cattle in feedlots with 11.85 million head on feed as of June 1st. This was up 1.2 percent (or 142,000 head) over June 1, 2021 and is the highest on record for any June 1st since the series began in 1996.

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Placements were down 2.1 percent during May 2022 as compared to May 2021. This was a surprise when compared to pre-report estimates which…

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