World Perspectives
livestock

Livestock Round Up

Cattle on Feed Preview USDA will release its monthly cattle on feed report tomorrow.  Pre-report estimates from the industry peg the total number of cattle on feed as of 1 November at 101.3 percent of last year. If accurate, after two months of a lower year-over-year inventory, the number of cattle on feed are back above year ago levels for the 33rd time in the last 35 months.   The average trade guess for marketings in the month comes in a 99.6 percent of last October. Typically, October is the month with the largest number of placements in a given year. The average pre-report guesstimate of placements is 112.2 percent of last year.   On a related note, Tyson’s plant in Garden City, Kansas, will start re...

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livestock

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