The U.S. feedlot inventory totaled 12.0 million head on December 1, 2023, rise from December 1, 2022, USDA December “Cattle on Feed” report showed.
Oklahoma State University Extension livestock marketing specialist Derrell Peel noted that Texas (2.91 million head) and Kansas (2.50 million head) were up the most, with Texas up 4% and Kansas inventories up 7% year over year. Nebraska (2.58 million head) and Colorado (1.03 million head) were both down 1% compared to one year ago. Peel said these top four states represent 75.1% of December 1 feedlot inventories. Meanwhile, feedlot…
