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
At Commodity Classic in San Antonio, growers explore new herbicide options, John Deere’s latest 8 Series tractors, and cutting-edge ag technology shaping the 2026 planting season. Here are some of RFD NEWS’ highlights from the event so far.
February 26, 2026 02:57 PM
·
Farm Bureau economist Danny Munch explains the importance of timely enrollment, and how the program helps dairy producers safeguard their operations against volatile milk markets.
February 26, 2026 02:25 PM
·
The Ranger Road Fire is fully contained after burning nearly 300,000 acres. Ranchers face significant cattle and fence losses, with recovery efforts underway.
February 26, 2026 01:04 PM
·
USDA Farmer Bridge Assistance payments could begin this weekend as producers face tight margins, shifting acreage expectations, cattle herd contraction, and growing pressure for a stronger farm safety net.
February 26, 2026 12:11 PM
·
Delays on year-round E15 keep potential corn demand and fuel savings in limbo.
February 26, 2026 10:53 AM
·
Strong export demand supports barge markets, but weather risks remain.
February 26, 2026 07:00 AM
·
