Cattle On Feed
On Feed: 102% vs 100.4% estimate
Placed: 99.5% vs 92.1% estimate
Marketed: 98% vs 98.1% estimate
Trade is bearish to pre-report expectations, look for a sharply lower opening of 1-2 dollars when trade resumes on Monday.
On Feed: 102% vs 100.4% estimate
Placed: 99.5% vs 92.1% estimate
Marketed: 98% vs 98.1% estimate
Trade is bearish to pre-report expectations, look for a sharply lower opening of 1-2 dollars when trade resumes on Monday.