Skip to content
800-884-8290

|

Client Login

|

Open an Account
  • About Us
  • Services
    • Futures & Options Brokerage
    • Organic Grain Swaps
    • Margin Management
    • Commodity Marketing Education
    • Consulting & Insurance
  • Research
    • Dairy
    • Livestock
    • Grain & Oilseeds
    • Ethanol & Biodiesel
  • Account
  • Quotes
  • Contact Us

U.S. Cattle on Feed Update – Feb ’20

  • February 21, 2020
  • by Belinda Przybylski
Executive Summary U.S. cattle on feed figures provided by USDA were recently updated with values spanning through the end of Jan ’20. Highlights from the updated report include:
  • U.S. cattle and calves on feed for the slaughter market as of Feb 1st increased on a YOY basis for the fourth consecutive month, finishing up 2.2% and reaching a 12 year high seasonal level.
  • Placements in feedlots declined 1.4% YOY during Jan ’20, finishing lower on a YOY basis for the first time in the past five months.
  • Marketings of fed cattle increased 1.1% on a YOY basis during Jan ’20, finishing higher on a YOY basis for the second consecutive month.
Additional Report Details According to USDA, cattle and calves on feed for the slaughter market in the U.S. for feedlots with capacity of a thousand head or more increased on a YOY basis for the fourth consecutive month as of Feb 1st, finishing up 2.2% and reaching a 12 year high seasonal level. The Feb 1st YOY increase in the cattle on feed supply was fairly consistent with analyst expectations of a 2.4% increase. Placements in feedlots rebounded seasonally from the previous month during Jan ’20 but finished lower on a YOY basis for the first time in the past five months, declining up 0.6%. Placements finished below average analyst expectations of a 1.4% increase. Placements for those weighing 700-799 pound declined most significantly on a YOY basis throughout Jan ’20, finishing down 3.6%, while placements weighing 800 pounds or more declined 2.0%. Placements weighing 600-699 pounds increased by 2.2% on a YOY basis throughout the month while placements weighing 600 pounds or less increased 2.6%. Total placements in feedlots declined 1.6% on a YOY basis throughout the ’18-’19 production season, however annual placement rates remained 2.8% above three year average figures. ’19-’20 YTD marketings have rebounded 4.6% on a YOY basis throughout the first third of the production season, despite the most recent YOY decline. Cattle placements weighing under 700 pounds increased 2.4% on a YOY basis during Jan ’20, finishing higher for the third consecutive month. Cattle placements weighing under 700 pounds finished 3.9% lower on a YOY basis throughout the ’18-’19 production season, however ’19-’20 YTD placements weighing under 700 pounds have rebounded by 2.2% on a YOY basis throughout the first third of the production season. Cattle placements weighing 700 pounds or more declined 2.8% on a YOY basis during Jan ’20, finishing lower for just the second time in the past 12 months. Cattle placements weighing 700 pounds or more increased 0.1% on a YOY basis throughout the ’18-’19 production season while ’19-’20 YTD placements weighing 700 pounds or more have increased an additional 7.0% on a YOY basis throughout the first third of the production season, despite the most recent decline. Marketings of fed cattle increased 1.1% on a YOY basis during Jan ’20, finishing higher for the second consecutive month. The increase in marketings was slightly greater than average analyst expectations of a 0.7% increase. ’18-’19 annual marketings of fed cattle increased 1.3% YOY, reaching an 11 year high, while ’19-’20 YTD marketings have increased an additional 0.6% on a YOY basis throughout the first third of the production season.
U.S. Cattle & Hogs Production Update – Feb ’20
U.S. Livestock Cold Storage Update – Feb ’20
Dairy
Ethanol
Livestock
Grain

Recent Livestock Research

  • U.S. Cattle & Hogs Production Update – Feb ’21
  • U.S. Livestock Cold Storage Update – Feb ’21
  • U.S. Cattle on Feed Update – Feb ’21
  • U.S. Livestock & Meat Trade Update – Feb ’21
  • Atten Babler Meat FX Indices – Feb ’21
Atten Babler Commodities LLC
11406 US Route 20 W
Galena, IL 61036
800-884-8290
Privacy Policy
Futures, options and swaps brokerage is provided through Atten Babler Commodities LLC. The risk of loss in trading commodity futures and options and swaps is substantial. Swaps trading should only be undertaken by investors who are Eligible Contract Participants (ECPs) within the meaning of Section 1a(18) of the Commodity Exchange Act. Before trading, you should carefully consider your financial position to determine if futures, options or swaps trading is appropriate. When trading futures, options or swaps, it is possible to lose more than the full value of your account. All funds committed should be risk capital. Past performance is not necessarily indicative of future results. Atten Babler Commodities LLC use sources that they believe to be reliable, but they cannot warrant the accuracy of any of the data included in this site. Opinions and market data are subject to change at any time. Unless otherwise stated the information contained herein is meant for informational purposes only and is not a solicitation to buy futures or options or swaps.
© Copyright 2021 Atten Babler Commodities LLC