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Most feedlots are located in the Midwest of the US because the Midwest is known as the "Corn Belt" because this is a prime area for growing and harvesting corn. Since transportation costs are real, it's easier and cheaper to have feedlots located close to where these forage/fodder/feed crops are grown to reduce transport costs and time to get the feed shipped to these feedlots. Also, feedlots are operated much like a hotel, there's always groups of cattle that are going to stay in one area for a set period of time (four to five months) then moved out, the pens cleaned, then a new group coming in soon after. Thus, feed has to be ready to be had so that rations can be mixed and fed to these animals.

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Q: Why are most feedlots in the US located in the Midwest?
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