0
0
0
  Rockport AgChoice® retail location 
 Rockport, MO  660-744-6289    
CLICK - MFA CONNECT
 
 
- DTN Headline News
USDA Cattle on Feed Report Preview
By ShayLe Stewart
Thursday, July 18, 2024 11:36AM CDT

OMAHA (DTN) -- Once again, the big-hitting data point in Friday's July 1 USDA Cattle on Feed report will be placements, given that last month's placements were up 4%.

If last month's data is accurate, then we should see a reduction in the June placement data. But given that analysts' pre-report estimates fall anywhere from 89.9% to 100.7% compared to a year ago, Friday's data could be a wild card.

As the market trudges through the dog days of summer, seeing greater on-feed numbers is never settling. But given that packers have reduced slaughter speeds to hold up the cash market, it is likely that Friday's on-feed figure could be steady to somewhat higher.

**

USDA will release its July 1 Cattle on Feed report at 2 p.m. CDT on Friday.

USDA Actual Average Estimate Range
On Feed July 1 101.0% 100.1-101.7%
Placed in June 96.4% 89.9-100.7%
Marketed in June 91.5% 90.0-94.5%

ShayLe Stewart can be reached at ShayLe.Stewart@dtn.com


blog iconDTN Blogs & Forums
Fundamentally Speaking
Joel Karlin
DTN Contributing Analyst
Thursday, July 18, 2024 8:48AM CDT
Wednesday, July 17, 2024 8:59AM CDT
Tuesday, July 16, 2024 11:18AM CDT
DTN Ag Policy Blog
Chris Clayton
DTN Ag Policy Editor
Thursday, July 18, 2024 6:15AM CDT
Monday, July 15, 2024 5:15PM CDT
Thursday, July 11, 2024 4:21PM CDT
DTN Ag Weather Forum
Bryce Anderson
DTN Ag Meteorologist and DTN Analyst
Tuesday, July 16, 2024 1:36PM CDT
Tuesday, July 16, 2024 11:20AM CDT
Wednesday, July 10, 2024 1:47PM CDT
DTN Production Blog
Pam Smith
Crops Technology Editor
Friday, July 12, 2024 2:17PM CDT
Friday, June 28, 2024 9:51AM CDT
Tuesday, June 25, 2024 4:02PM CDT
South America Calling
Editorial Staff
Friday, July 12, 2024 3:03PM CDT
Friday, July 5, 2024 1:50PM CDT
Thursday, May 23, 2024 11:16AM CDT
An Urban’s Rural View
Urban Lehner
Editor Emeritus
Wednesday, July 10, 2024 9:13AM CDT
Wednesday, July 3, 2024 11:35AM CDT
Tuesday, June 25, 2024 2:31PM CDT
Canadian Markets
Cliff Jamieson
Canadian Grains Analyst
Thursday, July 18, 2024 9:52AM CDT
Thursday, July 18, 2024 9:52AM CDT
Monday, June 3, 2024 9:25AM CDT
Editor’s Notebook
Greg D. Horstmeier
DTN Editor-in-Chief
Wednesday, June 19, 2024 6:00AM CDT
Wednesday, June 19, 2024 6:00AM CDT
Wednesday, June 19, 2024 6:00AM CDT
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN