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
Domestic beef demand remains solid, with the strongest growth occurring through retail channels, according to consumers surveyed in the latest K-State Meat Demand Monitor.
Stronger fuel demand supports corn usage despite a steady production pace.
The long-term viability of a ranching operation often hinges on how effectively its owners navigate the overlapping layers of IRS regulations, state tax incentives, and USDA disaster programs.
New details on the massive wildfire threatening farms and ranches in the Southern Plains.
Kerry Hartwig from Sukup Manufacturing previews the grain management solutions they plan to share with producers at the upcoming Commodity Classic in San Antonio.
The USDA Agricultural Outlook Forum highlights modest price support from tighter supplies across cotton, grains, dairy, livestock, and sugar into 2026.

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:

Colorado Congressman Jeff Hurd joins Champions of Rural America to share insights into the Western Caucus legislative priorities as they champion wildfire prevention and mitigation in the West.
Britt Hilton with the Oklahoma Farm Bureau joined us to discuss current conditions, producer impacts, and the road to recovery following the Ranger Road Fire.
National FFA Southern Region Vice President T. Wayne William talks about Wear Blue Day, the history of the blue jacket, and why the tradition continues to inspire pride and connection among FFA members nationwide.
The closure of Lubbock Feeders highlights mounting pressure on the U.S. cattle supply, according to the Texas Cattle Feeders Association, as border restrictions and costs strain feedyards.
From projected drops in input costs to biofuel expansion and the USDA’s new “One Farmer, One File” initiative, Ag Secretary Brooke Rollins shared key policy priorities at Commodity Classic that put farm issues back in the spotlight.
NCBA Chief Counsel Mary-Thomas Hart discussed the legal process behind delisting the prairie chicken, the challenges ranchers faced under the bird’s previous protections, and the benefits of cooperative habitat management for both livestock and wildlife.
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.