2022 October placements of cattle into feedlots fell 6% from 2021

Placements of cattle into feedlots fell 6 percent this October compared to the same time last year.
The 2.11 million head was the lowest ever for the month, mainly due to relatively high feed costs and tighter supplies.

University of Missouri Extension Professor, Dr. Scott Brown spoke with RFD-TV’s own Janet Adkison on current numbers, what is contributing to the situation, the hay supply, and what to expect in 2023.

Related Stories
The inflation rate seems to be dropping faster here in the United States than in Canada, but according to the chief economist with one of Canada’s largest banks, looks can be deceiving.
High input costs are standing in the way of farmers intending to shift to more sustainable practices, according to research by McKinsey and Company.