Cattle On Feed

October

On Feed: 99% vs 98% estimate
Placed: 94% vs 91.2% estimate
Marketed: 96% vs 95.9% estimate

November

On Feed: 98% vs 97.8% estimate
Placed: 90% vs 92.1% estimate
Marketed: 92% vs 92.4% estimate

October leaned mildly bearish with heavier placements.
November came in mildly bullish with lighter placements.
Overall they mostly offset, so Monday should be neutral.

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