 Miller says growing demand is one of his top priorities. Try to move the pile of corn any way we can, either livestock feed or try to get our exports up. The newly elected members serve a three-year term. And placements of cattle into U.S. feedlots fell during June. The USDA says 1.56 million cattle were placed on feed last month, a decline of 7% on the year, which followed an increase in placements during May. The lower June placements number implies a tighter supply of market-ready cattle later this year and early next year.