Feedlots Experience Slowdown To Start 2023
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The nation’s largest feedlots saw fewer placements and marketings for the final month of 2022.  The monthly USDA Cattle on Feed report released Friday showed an eight-percent drop in placements during December, totaling 1,804,000 head.  Marketings were down six percent at 1,741,000.  That resulted in a feeder population of 11,682,000 head to start the year, down three percent from a year ago.  About 60 percent of the total were steers.