BEEF PRODUCTION: Weekly production reported at 524.5 million pounds, down 0.7% from last week, up 0.8% from last year (EWMP)

CATTLE WEIGHTS: Live weights reported this week at 1,343 lbs., down 2 lbs. from last week, down 12 lbs. from last year (EWMP)

Weekly cattle slaughter reported at 647K head, compared to 651K last week and 636K last year. YTD slaughter at 20.8 million head, up 1.2% from last year (EWMP)

CATTLE ON FEED: U.S. inventory reported at 11.224 million head on August 1st, up 1% from last year. This is the second highest August 1 inventory since the series began in 1996. The U.S. inventory has been larger than 11 million head for 57 out of the last 58 months

CATTLE ON FEED: Placements in feedlots during May totaled 1.87 million head, 2 percent below 2021. Net placements were 1.79 million head

WASHINGTON CATTLE ON FEED: Washington inventory reported at 205K head, unchanged from last month. Placements reported at 32K head, up 2K head from last month

SOUTH DAKOTA CATTLE ON FEED: South Dakota inventory reported at 230K head, down 5K head from last month. Placements reported at 35K head, down 4K head from last month

MINNESOTA CATTLE ON FEED: Minnesota inventory reported at 100K head, unchanged from last month. Placements reported at 15K head, unchanged from last month

CALIFORNIA CATTLE ON FEED: California inventory reported at 565K head, up 5K head from last month. Placements reported at 69K head, up 8K head from last month

CATTLE ON FEED: Marketings of fed cattle during May totaled 1.91 million head, 2 percent above 2021. Other disappearance totaled 76,000 head during May, 13 percent above 2021

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