LUBBOCK, Texas (RFD-TV) — Feedlot inventories continue to tighten, as expected, according to December’s Cattle on Feed Report (PDF Version) from the U.S. Department of Agriculture (USDA), which delivered no surprises, with all key figures landing squarely within trade expectations. Cattle and calves on feed in feedlots with a capacity of 1,000 head or more totaled 11.7 million head on December 1, down 2 percent from a year earlier.
Placements during November fell sharply to 1.60 million head, 11 percent below last year and the lowest November placements on record, reflecting limited feeder supplies and high prices. Marketings also declined 12 percent from a year ago, marking the second-lowest November total since records began, reinforcing the picture of tight fed cattle availability moving into early 2026.
By state, Nebraska remained the largest feeding state with 2.67 million head on feed, followed by Texas at 2.61 million head and Kansas at 2.44 million head. Texas inventories were down 9 percent from a year earlier, a decline exacerbated by the ongoing closure of the Mexican border to feeder cattle due to concerns over New World screwworm, further restricting placements.
Farm-Level Takeaway: Tight feeder supplies and lower placements point to continued cattle market support, with regional impacts heightened in Texas by reduced feeder imports.
Tony St. James, RFD-TV Markets Specialist
December 11, 2025 10:49 AM
Outdated reporting thresholds reduce cash-market visibility and increase the urgency of comprehensive Mandatory Price Reporting reform.
December 10, 2025 07:00 PM
·
Ag Secretary Brooke Rollins signed six MAHA waivers for SNAP in Hawaii, Missouri, North Dakota, South Carolina, Virginia and Tennessee.
December 10, 2025 02:25 PM
·
Farm Journal Foundation Senior Policy Adviser Dr. Stephanie Mercier outlines new research on the top sixteen biosecurity threats in agriculture/
December 10, 2025 01:05 PM
·
Rancher David Kroa of
One Man Ranch joins us to share the story of his remarkable Shorthorn cow, Trish, who is beating the odds.
December 10, 2025 12:11 PM
·
Rural employers are slightly more optimistic, but labor shortages and renewed price pressures continue to limit growth across farm country according to a
December 10, 2025 11:56 AM
·
American Soybean Association President Caleb Ragland shares the soybean sector outlook following the announcement of farm aid to offset losses for U.S. row crop growers.
December 10, 2025 11:33 AM
·
December 10, 2025 11:03 AM
Stable U.S. fundamentals continue for major crops, but global adjustments in corn, soybeans, wheat, and cotton may influence early-2026 pricing.
December 10, 2025 10:31 AM
·
