As gears shift for the fall run of calves, University of Arkansas livestock economist James Mitchell says some of the feedlot placement data in USDA’s latest “Cattle on Feed” report is interesting to look at more in depth. Overall, the report showed placements into feedlots with 1,000 or more head capacity totaled 2.00 million head, 5.1% lower than in August 2022.
Breaking out feedlot placements by weight category, the largest decline was for cattle weighing more than 800 pounds, which totaled 823,000. This was 8.0% below August 2022. According to Mitchell, placements of heavy feeder…
