For Immediate Release
Allendale, Inc. Releases Cattle on Feed Estimates
MCHENRY, IL. (January 16, 2025) – The following are our estimates for the coming Cattle on Feed report.
December placements are expected +0.8% from prior year at 1.712 million head. This is the second smallest December inflow in nine years.
December placements determine a part of July – October fed cattle supply.Allendale anticipates a Marketing total in December -1.1% from last year at 1.743 million.
There was a positive calendar adjustment this month.Total Cattle on Feed as of January 1 is estimated at 11.891 million, -0.3% from last year.
For questions and comments, please contact Rich Nelson, Chief Strategist at 800-262-7538 or rnelson@allendale-inc.com.