Raw materials
Butt-branded steers 60 –
50 – 40 – 30 – 20 – 15 – 0
1020304050 Weeks
Heavy Texas steers 60 –
2021 50 – 40 – 30 – 20 – 10 – 0
1020304050 Weeks
Heavy native steers
65 – 60 – 55 – 50 – 45 – 40 – 35 – 30 – 25 – 20 –
0
1020304050 Weeks
Branded cows 30 –
25 – 20 – 15 – 10 – 5 – 0 – 0
1020304050 Weeks
2021
2022 2023
2021
2022 2023
US cattle on feed down 2% Cattle and calves on feed for the slaughter market in the US for feedlots with a capacity of 1,000 or more head totalled 11.2 million head on 1 July 2023. The inventory was 2% below July 1, 2022. The inventory included 6.73 million steers and steer calves, down 3% from the previous year. This group accounted for 60% of the total inventory. Heifers and heifer calves accounted for 4.47 million head, unchanged from 2022.
Placements in feedlots during June totalled 1.68 million head, 3% above 2022. Net placements were 1.61 million head. During June, placements of cattle and calves weighing less than 600lb were 390,000 head, 600–699lb were 275,000 head, 700–799lb were 380,000 head, 800–899lb were 368,000 head, 900–999lb were 185,000 head, and 1,000lb and greater were 80,000 head. Marketings of fed cattle during June totalled 1.96 million head, 5% below 2022. Other disappearance totalled 69,000 head during June, unchanged from 2022.
Hide market Through most of July, the US hide market was rather lifeless in addition to being hard to understand. Prices were steady as they had been for many weeks. Sellers were well positioned, and they could keep material moving, but the price levels were weak and improvement was next to impossible.
28 Leather International /
www.leathermag.com
2022 2023
2021 2022 2023
All cows and heifers that have calved totalled 38.8 million head, 2% below the 39.6 million head on 1 July 2022. Beef cows, at 29.4 million head, down 3% from a year ago. Milk cows, at 9.40 million head, were unchanged from the previous year.
Cattle and calves on feed for the slaughter market in the US for all feedlots totalled 13.1 million head on 1 July 2023, down 2% from the previous year. Cattle on feed in feedlots with capacity of 1,000 or more head accounted for 85.5% of the total cattle on feed on 1 July 2023, up slightly from the previous year. The total of calves under 500lb and other heifers and steers over 500lb (outside of feedlots), at 34.4 million head, down 4% from the 35.7 million head on 1 July 2022. The 2023 calf crop in the US is expected to be 33.8 million head, down 2% from last year. Calves born during the first half of 2023 are estimated at 24.8 million head, down 2% from the first half of 2022. An additional nine million calves are expected to be born during the second half of 2023.
Price ($)
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