Feedlots Experience Slowdown To Start 2023
January 22, 2023 6:14AM CST
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.