Livestock Market Not Fazed by Wind Chill Warnings December 22, 2022
Cattle on Feed will be released at 2 pm tomorrow. We expect November placements at 1.920 million head. That would be -2.6% from one year ago. This would confirm three months now of placement declines. November inflows determine a part of the May - September fed cattle supply. November outflows, marketings, are called -0.1% vs. last year. The December 1 feedlot total is estimated at 11.697 million head. That would be -2.4% from one year ago.
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