June 1 Cattle On Feed Projected 3.2% Below Year-Ago
Market analysts and economists participating in the Urner Barry monthly Cattle on Feed survey predicted on average the June 1 on-feed number at 3.2% below a year ago. On feed estimates ranged from 96.4% to 96.9% of year-ago levels.
USDA will release its monthly on-feed report at 3 pm eastern time Friday.
Placements of young cattle in May were predicted on average at 1.7% above a year ago. If accurate, it would be the first time that placements increased year over year since August 2022. The range of guesses...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.