-Nov 1 On Feed as expected but lowest in 7 years
-Oct Placements lower than expected – lowest in 30+ years
-Oct Marketings slightly lower than expected – lowest in 10 years
NOTE: The USDA’s Cattle on Feed report issued this afternoon included data for Nov 1 and Oct 1 On Feed as last month’s report was not issued due to the government shutdown. A summary of the data which would have been released in the October report is also provided below.
