Cattle on Feed Report 04/25 14:05
By John Harrington
DTN Livestock Analyst
USDA Average
Actual Guess Range
Cattle On Feed:
On Feed April 1 99.0{0a3336b3da8cf935de4f3eb78fe29508c4b8b5ebd27d01af2d815614325d533e} 100.5{0a3336b3da8cf935de4f3eb78fe29508c4b8b5ebd27d01af2d815614325d533e} 99.0-101.5{0a3336b3da8cf935de4f3eb78fe29508c4b8b5ebd27d01af2d815614325d533e}
Placed in March 95.0{0a3336b3da8cf935de4f3eb78fe29508c4b8b5ebd27d01af2d815614325d533e} 101.5{0a3336b3da8cf935de4f3eb78fe29508c4b8b5ebd27d01af2d815614325d533e} 95.5-104.5{0a3336b3da8cf935de4f3eb78fe29508c4b8b5ebd27d01af2d815614325d533e}
Marketed in March 96.0{0a3336b3da8cf935de4f3eb78fe29508c4b8b5ebd27d01af2d815614325d533e} 96.5{0a3336b3da8cf935de4f3eb78fe29508c4b8b5ebd27d01af2d815614325d533e} 95.0-100.5{0a3336b3da8cf935de4f3eb78fe29508c4b8b5ebd27d01af2d815614325d533e}
The April 1 Cattle on Feed report looks friendly in all categories. March
placements were especially positive, coming in more than six points below
the average trade guess. This revelation should prove friendly to deferred
live cattle futures when trade resumes on Monday.
For more Harrington comments check out http//:www.feelofthemarket.com
Source: DTN
Posted by Northern Ag Network
