Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.8 million head on April 1, 2024. The inventory was 1% above April 1, 2023, USDA NASS reported on Friday.
USDA on Friday shaved corn production 66 million bushels to 14.35 billion bushels but increased soybean production by 25 million bushels to 4.53 billion bushels, which went against the pre-report estimates on soybeans.