Cattle on Feed Preview
21 Mar 2019
By Rick Kment
DTN Livestock Analyst
OMAHA (DTN) -- Little significant change is expected in the Cattle on Feed report Friday with current estimates pegging total animals on feed at 99.7% of year-ago levels. The expected 4% reduction in cattle placements through February will likely be the main focus of the report and pre-report adjustments. These numbers appear to have already been partially factored into the market given the strong market shifts over the last two weeks.
| USDA | Pre-report Estimates |
| Actual | Avg | Low | High |
| On feed March 1 | | 99.7 | 99.0 | 100.6 |
| On feed February 1 | |
| Placed on feed during February | | 96.0 | 92.2 | 101.5 |
| Fed cattle marketed during February | | 100.8 | 99.7 | 101.3 |
Rick Kment can be reached at rick.kment@dtn.com
(KM/CZ)
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