– Brian R. Williams, Assistant Extension Professor, Department of Agricultural Economics, Mississippi State University

The United States Department of Agriculture’s National Agricultural Statistics Service (USDA, NASS) released their monthly Cattle on Feed report Friday afternoon (September 23, 2016). Placements totaled 1.879 million head, an increase of 15.13% from August 2015 and a 0.14% increase from the five-year average from 2011 to 2015. Market analyst expected placements to be up 13.10%, so the reported value came in slightly Continue reading →