Agricultural News
The latest Cattle on Feed Numbers are called slightly negative.
Fri, 17 Sep 2010 14:48:00 CDT
The latest Cattle on Feed Numbers are out on Friday afternoon, September 17, 2010 and they were a little on the negative side making for a slightly negative report. However, Market Analyst Tom Leffler said it really should not have much of an effect on the markets Monday morning. You can hear Tom's comments about the Cattle on Feed report by clicking on the listening bar below.
United States Cattle on Feed Up 3 Percent
Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.2 million head on September 1, 2010. The inventory was 3 percent above September 1, 2009.
Placements in feedlots during August totaled 2.27 million, 7 percent above 2009. Net placements were 2.22 million head. During August, placements of cattle and calves weighing less than 600 pounds were 495,000, 600-699 pounds were 395,000, 700-799 pounds were 565,000, and 800 pounds and greater were 815,000.
Marketings of fed cattle during August totaled 1.92 million, 7 percent above 2009. Other disappearance totaled 47,000 during August, 16 percent below 2009.
WebReadyTM Powered by WireReady® NSI
Top Agricultural News
More Headlines...
