Cattle placements up 6% on year

The USDA is pointing towards an increase in market ready cattle numbers. 1.702 million cattle entered U.S. feedlots in July, 6% above a year ago, due to lower corn costs and strength in the feeder cattle market. Still, the comparison is skewed by the July 2023 placements being down 8% from July 2022. Most of […]

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