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Kooima says the Cattle on Feed Report placements came in at 97.4%, which was actually the lowest figure in the last 10 years, next to the COVID year. On feed was at 98.5% and marketings at 97.5%.
Cow-calf producers are advised to avoid selling calves in October because this is usually the lowest price in the fall.
Cattle and hogs higher early Monday, grains are mixed. Brad Kooima, Kooima Kooima Varilek, says cattle futures gapped higher on the open shaking off the bearish Cattle on Feed Report numbers.
Cattle on Feed. According to today’s monthly Cattle on Feed report, USDA estimates that all cattle and calves on feed were 11.6 million head on Oct. 1, 2024, slightly below year-ago levels. Placements ...
Cattle on Feed. USDA estimated cattle and calves on feed on March 1 at 11.56 million head, down 2% from last year and slightly below average analyst expectations. (The monthly Cattle on Feed report ...
The report showed U.S. cattle and calves on feed for the slaughter market for feedlots with capacity of 1,000 or more head totaled 11.4 million head on May 1. The inventory was 2% below May 1, 2024.
Fed cattle marketed in the month rose by 1%, to 1.73 million head, slightly more than analysts expected. Total inventory of cattle on feed totaled 11.64 million head, which is down 1.6% from last ...
Live cattle futures rallied on Thursday, with gains of $1.45 to $2.15 across the front months. Preliminary open interest was up another 3,492 contracts. Cash trade started was reported at $230-231 ...
Live cattle futures fell into the Friday close, with nearby losses of $1.52 to $2.47, as traders were lightning up ahead of the monthly Cattle on Feed report. Friday’s Preliminary open interest ...
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