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Cattle on Feed Report Shows Biggest May First Inventory Since 1996- Drought Pushing Cattle Into Feedlots
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 12.0 million head on May 1, 2022. The inventory was 2% above May 1, 2021. This is the highest May 1 inventory since the series began in 1996, USDA NASS reported on Friday.
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By Ron Hays
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Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 12.0 million head on May 1, 2022. The inventory was 2% above May 1, 2021. This is the highest May 1 inventory since the series began in 1996, USDA NASS reported on Friday.
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