The U.S. Department of Agriculture (USDA) released their June Cattle on Feed Report last Friday, and it shows the number of cattle and calves on feed for the slaughter market in the U.S. for feedlots with capacity of 1,000 or more head was 11.6 million head on June 1, 2023, 3 percent below June 1, 2022. And according to a ...

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