Printable Page Livestock   Return to Menu - Page 1 2 3 4 5 7 8 10 11 12 13
 
 
Cattle On Feed Report                 03/24 14:00

By John Harrington
DTN Livestock Analyst

                        USDA Actual  Average Guess      Range
Cattle On Feed:
On Feed March 1           100.0%     100.5%         100.0-101.0%
Placed in February         99.0%      98.5%          95.0-103.0%
Marketed in February      104.0%     103.5%         109.5-110.5%

The March 1 on feed report just released looks generally neutral 
with all three categories lining up close to expectations.

Keep in mind that last month contained one fewer business day 
than February of 2016. Accordingly, the daily marketing rate 
seemed to be approximately 8%-9% larger

When trade resumes on Monday, live and feeders are not expected 
to pay much attention to these numbers, focusing instead on cash 
market potential and/or news regarding the Brazilian meat 
scandal. 

For more Harrington comments check out 
http//:www.feelofthemarket.com


For more free DTN information sent right to your email each morning - click here to sign up for DTN Snapshot.
 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN