The June USDA Cattle on Feed Report continues to indicate a tight supply. Cattle and calves of feedlots with 1,000 or more head for the slaughter market totalled 11.4 million head on June 1.

This represents a 1% decrease compared to the same time last year. Several states have seen inventory continue to fall, with Texas at 93% and Colorado at 96%. There has been a trend of cattle moving North. Nebraska is at 103% of its target versus last year. Kansas is at 101% and Oklahoma is at 102%.

During May, placements in feedlots totalled 1.89 million head. This is an 8% decrease from 2024 and below the average trade estimate of 94.2%. Lower placements in feedlots of Central and Southern Plains states are partly due to the closure of the border to Mexican cattle to prevent the spread of New World Screwworm.

Approximately 335,000 head weighing less than 600 pounds were placed last month. There were 275,000 head placed that weighed 600 to 699 pounds, 450,000 head that weighed 700 to 799 pounds, 516,000 head that weighed 800 to 899 pounds and 230,000 head that weighed 900 to 999 pounds. An estimated 80,000 head placed weighed 1,000 pounds or more.

Fed-cattle marketing in May totalled 1.76 million head. This was a 10% decrease from the same month last year, which was close to pre-report expectations.

Read more from the June USDA Cattle on Feed Report here.