Cattle placed in May outside pre-report expectations

Placements of cattle into U.S. feedlots increased in May. The USDA says 2.05 million head of U.S. cattle went on feed in May, an increase of 4 percent from last year. Placements are outside the upper end of pre-report estimates. Nationally placements are up about 90,000 head, however, placements in Texas and Nebraska, two of the largest cattle […]

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