February Cattle On Feed Report

February Cattle On Feed Report

The Feb COF report was neutral to negative cattle. The On Feed and Marketing estimate came in as expected and although the Placement estimate was at 93%, an 8 year low, it was 5% above expectations. The numbers for the report are On Feed: 100% (as expected), Placed: 93% (5% above expectations), and Marketed: 100% (as expected).

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