U.S. Cattle on Feed Dips Again in February as Feedlot Inventories Shrink

Fed cattle numbers are down two percent in February, according to the latest USDA report. Marketings fell 13 percent, signaling continued pressure on beef prices in 2026.

SELECTS_FARMHER_ 19_12_19_USA_ALL_VARIOUS_0342.jpg

FarmHER, Inc.

NASHVILLE, TENN. (RFD NEWS)Cattle and calves on feed for the slaughter market in the United States totaled 11.5 million on February 1, 2026, marking a two percent decline from the same date in 2025, according to the February report (PDF Version) from the U.S. Department of Agriculture (USDA).

January Feedlot Activity

Placements in feedlots during January totaled 1.74 million head, 5 percent below 2025 levels.

Net placements were 1.68 million head. Breaking down placements by weight category:

  • Less than 600 pounds: 360,000 head
  • 600–699 pounds: 365,000 head
  • 700–799 pounds: 455,000 head
  • 800–899 pounds: 381,000 head
  • 900–999 pounds: 105,000 head
  • 1,000 pounds and greater: 70,000 head

Marketings of fed cattle during January totaled 1.63 million head, a 13 percent drop from the previous year.

Other disappearances, which include death loss and movements to other states, totaled 55,000 head, 8 percent below January 2025.

Annual Size Group Trends

Feedlots with a capacity of 1,000 or more head represented 82.7 percent of all cattle on feed in the U.S. on January 1, 2026, slightly up from 82.5 percent in 2025. Marketings of fed cattle from these larger feedlots during 2025 accounted for 87.1 percent of total U.S. feedlot cattle marketed, a slight decrease from 87.2 percent in 2024.

These numbers reflect ongoing tightness in the U.S. cattle supply and could continue to influence beef prices in 2026.

Related Stories
“President Trump Undercuts America’s Cattle Producers,” says NCBA
The U.S. Department of Agriculture (USDA) is investing now to make markets less volatile for ranchers over the long term and more affordable for consumers, according to a press release.
Elizabeth Strom with the American Society of Farm Managers & Rural Appraisers (ASFMRA) joined us to share the latest on harvest progress and market activity in her area.
“Farmers for Free Trade” warns that disaster is brewing as President Trump’s trade policy is causing farm input costs to rise even more.
NCBA CEO Colin Woodall says more conversations need to occur with stakeholders present surrounding President Trump’s proposal to lower consumer beef prices with Argentinian imports.
Bubba and Amy Miller run Miller Cattle Company in Eros, Louisiana. After visiting other homesteading fairs, they decided to put on their own.

Marion is a digital content manager for RFD News and FarmHER + RanchHER. She started working for Rural Media Group in May 2022, bringing a decade of digital experience in broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

Todd Miller, CEO of Head Honchos, shares about his business offering to ease agricultural labor shortages.
Having a good read on fuel prices is a must during harvest, but one analyst says grain farmers should also be watching the crude oil markets.
National Farmers Union (NFU) President Rob Larew discusses the urgent need for aid as farm families face mounting input costs and long-term market uncertainty.
The new antitrust agreement between the Department of Justice (DOJ) and the U.S. Department of Agriculture (USDA) aims to enforce antitrust laws and monitor market activity across the ag sector.
President Donald Trump says a deal is nearly done on lowering beef prices, but he has not released details.
Large carryover stocks continue to put pressure on commodity prices, creating uncertainty for growers looking to market their grain.
Agriculture Shows
Hosted by Scott “The Cow Guy” Shellady and RFD News Markets Specialist Tony St. James, Commodity Talk delivers expert insight into the day’s ag commodity markets just before the CME opens. Only on RFD-TV and Rural Radio SiriusXM Channel 147.
A look at the news, weather and commodities headlines that drove agriculture markets in the past week.
Everything profits from prairie. Soil, air, water — and all kinds of life! Learn how you can improve your land with prairie restoration, cover crops and prairie strips, while growing your bottom line.
Special 3-part series tells the story of the Claas family’s legacy, which changed agriculture forever.