Cattle and calves on feed for the slaughter market was up 3% from a year ago in USDA's latest Cattle on Feed report released on June 23, 2017.

The report, which details cattle on hand as of June 1, 2017, found feedlots with capacity of 1,000 head or more had 11.1 million head on June 1, 2017, up 3% from June 1, 2016.

Placements in feedlots during May totaled 2.12 million head, 12% higher than 2016. Net placements were 2.05 million head. During May, placements of cattle and calves weighing less than 600 pounds were 400,000 head; 600-699 pounds were 315,000 head, 700-799 pounds were 529,000 head; 800-899 pounds were 550,000 head; 900-999 pounds were 235,000 head, and 1,000 pounds and greater were 90,000 head.

Marketings of fed cattle during May totaled 1.95 million head, 9% above 2016.  Other disappearance totaled 70,000 head during May, 5% below 2016.

Source: USDA NASS