– David P. Anderson, Professor and Extension Economist, Department of Agricultural Economics, Texas A&M University
Friday December 22nd brings the next USDA Cattle on Feed report. The last few months delivered large levels of marketings and placements, and growing numbers of cattle on feed. Good retail beef demand and good demand for live cattle from profitable packers has pulled cattle ahead through feedlots and that continued by pulling feeder cattle ahead into feedlots.
The December cattle on feed report should bring more of the same. Marketings should be around 3.3 percent more than a year ago. That would be Continue reading