Cattle on Feed Preview

first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Rick KmentDTN Livestock AnalystOMAHA (DTN) — Little significant change is expected in the Cattle on Feed report Friday with current estimates pegging total animals on feed at 99.7% of year-ago levels. The expected 4% reduction in cattle placements through February will likely be the main focus of the report and pre-report adjustments. These numbers appear to have already been partially factored into the market given the strong market shifts over the last two weeks.USDAPre-report EstimatesActualAvgLowHighOn feed March 199.799.0100.6On feed February 1Placed on feed during February96.092.2101.5Fed cattle marketed during February100.899.7101.3Rick Kment can be reached at [email protected](KM/CZ)© Copyright 2019 DTN/The Progressive Farmer. All rights reserved.last_img

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