The latest Cattle on Feed report from the USDA shows cattle placements for July were up 11 percent compared to year-ago levels.
University of Missouri livestock economist Scott Brown says there are 4 states that are driving that increase. “Kansas, Nebraska, Texas, and Colorado all were up in terms of placements relative to a year ago,” he says. “You look at placements in Kansas, up 16 percent. The rest of the country, for a 1,000 head-plus feed yards, was down 6.4 percent.”
Brown says that also indicates some declines in smaller farmer feed yards.
