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Friendly Cattle on Feed Report shows 12% drop in placements
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Sunday’s showdown between challenger Flavio Bolsonaro and President Luiz Inacio Lula Da Silva carries implications for Brazil’s currency and long-term agricultural outlook.
NASS identified a processing error affecting September corn data for Kansas, Nebraska and national figures. The agency says its October forecast of 181.2 bu. per acre remains unchanged, leaving questions about the yield jump.
Placements shocked to the downside, driving cattle numbers lower
Beyond inventory numbers, placements and heifer retention data will set the tone for feeder futures.
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