COF Report: Slightly Negative Compared to Expectations

Posted on 03/09/2017 10:21 AM
U.S. feedlot inventories totaled 10.165 million head on Aug. 1, up 163,000 head (1.6%) from year-ago. That modestly topped the average pre-report estimate that called for a 136,000 head (1.4%) increase. July placements slightly exceeded pre-report expectations at 1.6% above year-ago, while marketings last month came in just shy of the ...