Cattle On Feed 7/23/21

On Feed:    99% vs 99.0% estimate
Placed:       93% vs 95.9% estimate
Marketed:  103% vs 102.1% estimate

Cattle Inventory Report:

All Cattle and Calves: 99%* vs 99.5% estimate
Calf Crop: 100%* vs 99.6% estimate
Total Cows and Heifers: 99%* vs 99.3% estimate
*USDA rounds to the nearest percentage point

Cattle on feed report bullish on pre-report estimates, placements and marketing look for a firmer start on Monday of $.50-$1.00 higher.