There are more cattle in U.S. feedlots than one year ago, the U.S. Department of Agriculture (USDA) said in its report last week.
Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.8 million head on April 1, the report said. The inventory was up from 10.7 million in March and slightly above the April 1, 2014 inventory.
There were 670,000 cattle and calves on feed in Iowa feedlots as of April 1, the USDA said. This was up 10,000 head from the March report.
Placements in U.S. feedlots during March totaled 1.81 million head, slightly above 2014. There were 90,000 head placed in Iowa...