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
The American Sheep Industry Association says high labor costs and volatile markets continue creating pressure for producers.
The U.S. Meat Export Federation continues building global relationships aimed at creating new opportunities for U.S. livestock producers
RealAg Radio’s Shaun Haney discusses Canada’s record farm cash receipts, profitability trends in livestock and crops, and the impact of rising input costs in 2026.
Matthew Poling with CLAAS joins us to discuss harvest strategies for a below-average wheat crop and combine adjustments growers should consider.

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:

Dr. Ernie Goss joined us to break down the latest Rural Main Street Index, discuss pressures on farm finances and equipment sales, and share expectations for the ag economy ahead.
In an exclusive interview with RFD News correspondent Frank McCaffrey, Congressman Henry Cuellar (D-TX) expresses frustration with delays and increasing political divisions surrounding the bill.
New farm payment rules allow LLC members to have separate limits, but some local FSA offices are still applying outdated policies, creating confusion for producers.
Just like cows, kids experience ups and downs—from small frustrations to unexpected moments—but there is still good in every day.
Dr. Jeffrey Gold joins us on Rural Health Matters to discuss rural mental health awareness, the importance of reducing stigma in agriculture, and resources available to farmers, ranchers, and rural families seeking support.
Utah Senator John Curtis joins us for “Champions of Rural America” to discuss new legislation to improve forest management and wildfire prevention and its broader implications for rural communities and infrastructure.
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.
From soil to harvest. Top Crop is an all-new series about four of the best farmers in the world—Dan Luepkes, of Oregan, Illinois; Cory Atley, of Cedarville, Ohio; Shelby Fite, of Jackson Center, Ohio; Russell Hedrick, of Hickory, North Carolina—reveals what it takes for them to make a profitable crop. It all starts with good soil, patience, and a strong planter setup.