10/30/2025
What makes this month’s report so special, and what a government shutdown significantly complicates, is the release of quarterly estimates on the breakout of steers versus heifers in feedlots. This is not a value forecasted and published among pre-report estimates. The last time this value was published was in the July report, which at the time had the contribution of steers-to-heifers at about 1.6 steers to every heifer on feed.
Today, we were supposed to receive the October 1 numbers for Cattle on Feed from USDA-NASS. However, as the government shutdown persists, the report is unlikely to be released, at