The USDA says there were more cattle placed into feedlots in November 2021 than November 2020.
Placements were 4% above a year ago at 1.971 million head, with a wide range of estimates heading into the report because of increased marketing rates due to drought conditions in some of the major U.S. feeding areas. Most of the cattle placed weighed less than 800 pounds, heading to market next spring and early next summer.
