October placements in feedlots slipped 4 percent to 2.28 million head; net placements totaled 2.21 million head, USDA reported. For the month, placements of cattle and calves weighing less than 600 lbs. were 645,000 head; 600-699 lbs. were 530,000 head; 700-799 lbs. were 431,000 head; and 800 lbs. and greater were 675,000 head.
Marketings of fed cattle totaled 1.63 million head in October, USDA reported. This represents a 3 percent decline for October 2014, and the lowest marketings for October since the series began in 1996. Meanwhile, other disappearance dropped 23 percent from a year ago to total 75,000 head during October.