Feedlot Populations Drop Four Percent
February 26, 2023 6:36AM CST
Feedlots began 2023 with more marketings and fewer placements. The monthly Cattle on Feed report released Friday indicated a total of 11,704,000 head in the nation’s largest feedlots at the start of February, down four percent from a year ago. Placements during January were also down four percent at 1,932,000, while marketings increased four percent to 1,847,000 million. Despite the slowdown to start the year, feedlots still registered a net gain of 22,000 head during January.