No Surprises in Today’s Cattle on Feed Report

Posted on 07/20/2018 2:11 PM
USDA’s July Cattle on Feed Report was a bit of a snoozer, as all three categories came in basically in line with pre-report expectations. The number of cattle on feed as of July 1 stood at 11.553 million head, up 4% from year-ago levels and a record-high for the month.   USDA (% of year-ago) Avg. Trade Es...