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U. S. Cattle Numbers Still Historically Low

The number of cattle being fattened in U. S. feedlots as of Nov. 1 was up about 1.5 per cent from last year’s low supply, but remained low historically as the weak economy has discouraged cattle production and hurt beef demand.

The U. S. Department of Agriculture’s monthly Cattle on Feed report, released Friday, put Nov. 1 feedlot cattle supplies at 11.134 million head, about 1.5 per cent above last year. That’s only the second time in 19 months the U. S. monthly supply has exceeded the previous year’s.

“We typically expect cattle on feed to increase this time of year as feeder cattle come off of pastures,” said Erica Rosa, an economist at the Livestock Marketing Information Center.

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