March Cattle On Feed Report
March’s COF report was generally as expected and a 6-year low. On Feed: 96% (96% expected), Placed: 93% (94% expected), and Marketed: 95% (96% expected).
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March’s COF report was generally as expected and a 6-year low. On Feed: 96% (96% expected), Placed: 93% (94% expected), and Marketed: 95% (96% expected).
Cattle slipped lower three out of four sessions this week ending Thursday giving back most of last week’s gains (feeder cattle). Cattle started the week
Live cattle started the week with gains but then faded the market for the rest of the week. Feeder cattle had better luck trading higher
The COF report was friendlier than expected with both the on feed and placements estimate below expectations. The numbers from the report are: On feed:
USDA’s Cattle Inventory report was as expected. The report put All cattle and calves at 97%, as expected and the lowest in 8 years. All
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