Cattle and calves on feed for the slaughter market in the United States in feedlots of 1,000 head or more totaled 12 million head on May 1.
This inventory is 2% above the May 1, 2021, census. This also represents the highest May 1 national inventory since the series began in 1996.

Iowa’s cattle herd, however, slipped 6% year-over-year, dropping to 590,000 head in feedlots of 1,000 head or more on May 1. The count on May 1, 2021,...