Feedlot utilization increased to 76.8% in May, up 7.1 percentage points from the same month last year and marking the highest occupancy rate in the past two and a half years, according to a report from the Argentine Feedlot Chamber (CAF). May also marked the seventh consecutive month of year-on-year growth in feedlot utilization.
The CAF report is based on 111 professional feedlots with a combined capacity of nearly 885,000 head of cattle. According to Argentina’s animal health agency SENASA, the country has 1,138 cattle feedlots, which housed 2.18 million head as of June 1, up 13% from a year earlier.
