January cattle placements 1% lower
The USDA says there were 2 million cattle placed into U.S. feedlots during January 2022. That’s down 1% from January 2021, with concerns about high feed costs partially canceling out the impact of poor pasture conditions and tight hay supplies in many of the major feeding areas. About three quarters of the monthly total weigh less than 800 pounds, which might be an indication ranchers are expecting lower feed costs […]

