By Scout Nelson
According to the latest data from the USDA’s National Agricultural Statistics Service, Kansas feedlots with capacities exceeding 1,000 head have shown notable shifts in cattle numbers as of January 1. The current inventory in these feedlots is estimated at 2.40 million head, marking a 3% decrease compared to the previous year.
Despite the decrease in overall inventory, December witnessed a 4% increase in placements, totaling 410,000 head. This rise indicates a growing number of younger cattle entering feedlots, suggesting a potential rebound or adjustment in the cattle market dynamics.
Additionally, fed cattle marketings—referring to the number of cattle sold or moved out of feedlots—during December reached 420,000 head, also up by 4% from the previous year. This increase reflects a stronger demand or more efficient turnover within these operations, which could influence market prices and supply chain dynamics.
The report also notes that other disappearances, which can include losses due to death or theft, remained steady with 10,000 head, unchanged from the previous year. This stability is crucial for maintaining consistency in inventory assessments and operational planning.
These figures are essential for stakeholders in the agricultural sector, offering insights into the current state and trends of the cattle industry in Kansas.
They help farmers, investors, and policymakers understand the market conditions and make informed decisions regarding cattle production and management strategies in the region. The data underscores the fluid nature of agricultural markets and the need for ongoing monitoring and adaptation to changing conditions.
Photo Credits:usda
Categories: Kansas, Livestock, Dairy Cattle