McLean County Farm Bureau

FEEDLOT SITUATION IMPROVING SLOWLY –

The most recent U.S. Department of Agriculture’s “Cattle on Feed” report showed the feedlot inventory as of June 1 was 11.699 million head, almost unchanged from 11.671 million head on June 1, 2020. May marketings were 1.87 million head, up 23% year over year. Feedlot placements in May were 1.911 million head, down 7% from the same period last year. (Feedstuffs)