Cattle On Feed 2/23/24
On Feed: 100% vs 100.1% estimate
Placed: 93% vs 88.4% estimate
Marketed: 100% vs 99.8% estimate
The placement number is negative to pre-report estimates, Feeders $1.00-1.50 lower on Monday.
Reminder LRP can be purchased off of todays action until 8:25 am Saturday morning.