


Cattle opened the week posting strong gains and continued to push higher through Wednesday. Support came from what was deemed as a bullish Cattle Inventory

The Cattle Inventory report was friendly cattle as most categories came in below expectations. The report also showed a much slower than expected expansion pace

The Jan COF report was slightly negative cattle as although the On Feed estimate and Marketing estimate were as expected; the Placement estimate was 2%

The 2026 crop year begins on July 1, 2025. Billing date for endorsements booked on July 1, 2025 or later: You will be billed