North America Feedlot Inventory

[kslseed]

Hello, are any numbers available on cattle and hog feeders going into the winter and how this compares with previouse years?

[bmj182]

You might check, this weeks
Western Producer, I think they had
an article on cattle placements.

[charliep]

I am borrowing from Darren Chases/Neil Blues presentation

US cow herd size holding fairly steady January 2002 and July 2002 USDA reports - not yet in expansion part of cattle cycle yet.

Canadian cow herd (prior to drought) has been growing but relatively slowly.

USDA Cattle on Feed Report (October 1) - positive!
On-feed 5% below October, 2001
Sept. placements only up 2% from 2001
Marketings 2% above September, 2001

The downside is that US carcass weights continue to increase (16 lb bigger than a year ago).

Slaughter to date 2002 versus same period 2001.
Canadian fed steer slaughter up 1%
Canadian fed heifer slaughter up 4%

Canadian cow slaughter up 9%
Alberta cow slaughter up 19% to 177 thous.
Sask. cow slaughter up 18% to 82 thous.

Cdn. beef production up 4%; pork up 6%
U.S. beef production up 5%; pork up 3%

The positives looking ahead are tighter fed cattle supplies. The negatives are continued expensive feed and lots pork/poultry.

[TOM4CWB]

Charlie;

Can you explain to me why CDN poultry prices are so low... when they are a supply managed food product?