Cattle on Feed

United States Cattle on Feed Up 5 Percent

Cattle and calves on feed for the slaughter market in the United States for

feedlots with capacity of 1,000 or more head totaled 11.7 million head on

May 1, 2021. The inventory was 5 percent above May 1, 2020. This is the

second highest May 1 inventory since the series began in 1996.

Placements in feedlots during April totaled 1.82 million head, 27 percent

above 2020. Net placements were 1.77 million head. During April, placements

of cattle and calves weighing less than 600 pounds were 380,000 head,

600-699 pounds were 250,000 head, 700-799 pounds were 420,000 head,

800-899 pounds were 481,000 head, 900-999 pounds were 220,000 head, and

1,000 pounds and greater were 70,000 head.

Marketings of fed cattle during April totaled 1.94 million head, 33 percent

above 2020.

Other disappearance totaled 55,000 head during April, 21 percent below 2020.

Other disappearance was the lowest for April since the series began in 1996.

Call/Text/Email, Oliver with any questions. and 312-837-3938

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Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder.

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