By Rick Kment
DTN Livestock Analyst
OMAHA (DTN) — Little significant change is expected in the Cattle on Feed report Friday with current estimates pegging total animals on feed at 99.7% of year-ago levels. The expected 4% reduction in cattle placements through February will likely be the main focus of the report and pre-report adjustments. These numbers appear to have already been partially factored into the market given the strong market shifts over the last two weeks.
|On feed March 1||99.7||99.0||100.6|
|On feed February 1|
|Placed on feed during February||96.0||92.2||101.5|
|Fed cattle marketed during February||100.8||99.7||101.3|
Rick Kment can be reached at email@example.com
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