Page 6 - MWC 2-3-2022s
P. 6

The Midwest Cattleman · February 3, 2022 · P6
      Feedlots Maintain Cattle Inventories

                                                                            By Derrell Peel - Oklahoma State University
         Unexpectedly large Decem- about as expected at 100.8 per- pounds were up just 1.7 per-
      ber placements once again  cent of one year ago.  However,  cent compared to last year.
      pushed feedlot inventories  with one less slaughter day in              Cattle producers may have
      higher year-over-year on Jan- the month, daily average mar- helped feedlots with large De-
      uary 1.   Feedlot placements  ketings were 5 percent higher  cember placements as rising
      in December were 106.5 per- year  over  year  in  December.  feeder prices encouraged later
      cent of last year, higher than  The January 1 on feed total  and larger auction totals…at
      the average trade expectation  was 12.037 million head, 100.6  least in some regions.  In Okla- 256 and usually only change
      and above the trade estimate  percent of last year.  On Janu- homa, for example, feeder cat- by one day more or less per
      range.                             ary 1, the inventory of steers in  tle auction totals for the three  year.
         December marketings were  feedlots was 0.5 percent below  weeks of December sales were                  Total steer and heifer (fed)
                                               one year ago while the  up 22.4 percent year over year.   slaughter was 25.972 mil-
                                               number of heifers on feed  Feeder cattle supplies are ex- lion head in 2021 with steer
                                               was up 2.4 percent year- pected to tighten considerably  slaughter at 16.145 million
                                               over-year.                   in 2022.                          head.   Heifer slaughter was
                                                  Although cattle num-        With the final numbers  9.827 million head and made
                                               bers are generally de- for December completing the  up 37.8 percent of fed slaugh-
                                               clining,  feedlots  will  try  year, commercial beef produc- ter, the largest percentage
                                               to maintain inventories  tion in 2021 totaled 27.937  since 2004.  Total cow slaugh-
                                               as long as possible.  Fol- billion pounds, up 2.8 percent  ter was 6.669 million head and
                                               lowing a similar pattern  year over year and a new re- accounted  for  20.1  percent  of
                                               to November, most of the  cord annual total for the U.S.   total slaughter, the highest
                                               increase in December  Total cattle slaughter (federal- percentage since 2011.   Beef
                                               placements was light- ly inspected) was 33.184 mil- cow slaughter totaled 3.562
                                               weight cattle.   Place- lion head, up 3.2 percent over  million head, up 9.0 percent
                                               ments of cattle weighing  2020.   It’s worth noting that  year over year.
                                               less than 700 pounds  2021 had a total of 254 slaugh-             Steer carcass weights av-
                                               were up 9.5 percent year  ter days, two less than 2020  eraged  906  pounds  last  year,
                                               over year while place- (a leap year).  Total slaughter  down  one  pound  from  2020.
                                               ments of cattle over 800  days per year vary from 254 to                     continued on page 15

        Permanent & Portable Fencing and Livestock Watering Supplies

                                                   WEE                        COMPRESSION

                     •  Powerflex PolyBraid                                        CASTRATION                    ANALGESIA
                     •  PowerPost                                                  Tensioned Loop
                                                                                   for Newborns
                     •  O’Brien’s Post                                                                            SMART
                     •  Hybrid Twin Hook Geared Reel                                                                    DELAYED
                     •  True Fixed Knot Hi-Tensile                                                                    CASTRATION

                        Woven Wire                                                        PRO                           Since 1991

                                                                                           Built-in Cutter
                                                                                         Self-locking Loop

                                                                                                                          Made In USA
            Check our Website for NEW Products & Monthly Specials!
                       Order On-Line 24/7 -  Free Catalog                    800-858-5974
                      417-741-1230 - info@powerflexfence
   1   2   3   4   5   6   7   8   9   10   11