Live and feeder cattle started the week lower August 22, 2022
Live and feeder cattle started the week lower, which was no surprise. Friday’s cattle on feed report was widely missed by industry analysts on all three categories the USDA reports on. On Feed number came in at 101.4% which would be the second largest number dating back to 1996, Placements estimated at 101.8% which doesn’t come as a surprise.
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