Tag: Cattle on Feed Report
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Cattle on Feed Report Signals Mixed Outlook for Supply and Prices
The latest Cattle on Feed report from the U.S. Department of Agriculture is offering mixed signals for the cattle market, as tighter overall inventories are being offset by larger placements and slower marketings. USDA reported 11.55 million head of cattle and calves on feed as of March 1, essentially steady with a year ago but…