The latest USDA report shows American feedlots had 1 per cent fewer cattle and calves on feed for slaughter on March 1st than they had a year ago.
The total inventory came in at 10 point 7 million head.
The report puts placements in feedlots during February at 1 point 52 million.
That's 8 per cent below 2014.
Marketings of fed cattle in the U-S in February also came to 1 point 52 million head.
The USDA says that's 2 per cent fewer than in 2014 and the lowest February marketings since the series began in 1996.