Placements drop 6% in Cattle on Feed report | Weekly Livestock Market Update for August 22, 2025
Market highlights:
Live cattle prices closed $241.95/cwt, which is down 6 cents from last week. October live cattle prices ($237.87) were up $7.22 compared to a week ago, and September feeder cattle future prices ($362.67) finished down $15.32 compared to last week. Choice box beef was at $ 406.61 end of this week, which is up $15.22 from last week. Select box beef was at $ 381.46 end of this week, which is up $15.29 from last week. National Base Hog Carcass was $102.20, which is down 3% from last week. Nearby lean hog futures close at $ 91.2,0 which is up $1.10 from a week ago.
Weekly Slaughter:
Cattle slaughter for the week is at 547,000, up 17,000 head compared to last week and down approximately 61,984 compared to the previous year. Year-to-date cattle slaughter is down 6.9%
Hog slaughter for the week is at 2.41 million head, up 11,000 compared to last week and down about 88,400 compared to a year ago. Year-to-date hog slaughter is down 2.4%
Livestock Slaughter:
Commercial red meat production for the United States totaled 4.36 billion pounds in July, down 4 percent from the 4.55 billion pounds produced in July 2024.
Beef production, at 2.18 billion pounds, was 4 percent below the previous year. Cattle slaughter totaled 2.54 million head, down 7 percent from July 2024. The average live weight was up 30 pounds from the previous year, at 1,410 pounds.
Pork production totaled 2.16 billion pounds, down 4 percent from the previous year. Hog slaughter totaled 10.3 million head, down 4 percent from July 2024. The average live weight was down 1 pound from the previous year, at 282 pounds
Cattle on Feed:
United States Cattle on Feed Down 2 Percent with 10.9 million head on August 1, 2025.
The inventory was 2 percent below August 1, 2024. Placements in feedlots during July totaled 1.60 million head, 6 percent below 2024. Net placements were 1.55 million head.
Marketings of fed cattle during July totaled 1.75 million head, 6 percent below 2024.
Next week’s reports:
Outlook for U.S. Trade
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