Last month's feeder calf placements data points to a changing supply situation for the beef market next quarter. Similarly, feedlots' fed cattle marketings show the industry is remaining current on inventories. Analysis of the fed cattle supply situation offers insight into trading strategies that could be profitable going forward.The 10-year agribusiness and agricultural projections released this year for Brazil and the U.S. indicate substantial differences between the two countries' expected growth rates in meat production as well as exports, which will be largely influenced by a few particular factors. Brazil versus U.S. in Meat Production The Brazilian Agricultural Research Corporation (Embrapa) recently released its annual agribusine...