Beef, Veal and Lamb Report

August 4, 2009

View Beef, Veal and Lamb Report (pdf)

The July 1st US cattle on feed inventory was 5.3% smaller than last year. Cattle placements into feedlots during June were the smallest for any month in 13 years. The August 1st near slaughter ready cattle supply is estimated to be 2% less than the 3 year average. Models suggest that near slaughter ready cattle supplies could tighten considerably during the late fall. The beef markets are mixed. Buyers are reported to be slowing purchases which could influence many of the beef markets downward. June beef cow slaughter was the smallest for the month since 2005.

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