The USDA’s latest Cattle on Feed report, published May 24, showed that 1.87 million head of fed cattle were marketed in April, a more than 10% increase from the same period last year.

There was a 10% increase in February feedlot placements from 2023 to 1.89 million head, representing the most February placements since at least 1996.

The Cattle on Feed report released by the USDA-NASS on Feb. 23 showed that animals in feedlots bound for the slaughter market in the U.S. totaled 11.8 million head on Feb. 1, a slightly higher inventory than the same period in 2023.

In the third and final segment of our coverage from the NCBA national convention, the team previews the March issue of Progressive Cattle. Abby visits with Elanco's Wayne Ayers about improving conception rates with the proper vaccine strategy. Then Tyrell sits down with Mark McCully to discuss the American Angus Association's Industry Insights survey and what benefits that data can have for American producers. Finally, Carrie talks with veterinarian Brandon Treichler about developing a crisis management plan and how that can protect ranches and the people who make them so special.

Despite anticipating record-high calf values, the beef industry will start feeling the pinch of tight fed cattle supplies coming in the next year, Kevin Good, vice president of market analysis at CattleFax, told attendees at the 2024 CattleFax Industry Outlook Seminar, held on Feb. 2.

The long-term trend in the feedlot industry is that cattle are on feed more and more days every year. Feedlot data shows that the 12-month moving average of days on feed has increased approximately 30% just in the last two decades.

Few times in history has the cattle industry offered more opportunity for profit to conscientious producers than right now. That was the primary message of CattleFax CEO Randy Blach’s executive summary at CattleFax’s Industry Outlook Seminar on Feb. 2. 

In its semiannual report released Jan. 31, USDA NASS reported the total number of all cattle and calves in the U.S. at 87.2 million head on Jan. 1, 2024.