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Because of the sharp price pressure on cattle futures ahead of Cattle on Feed report, the negative price reaction should be limited.
Cattle and calves on feed for slaughter market totaled 11.7 million head on March 1, 2012.
Demand for the Certified Angus Beef brand surged higher in 2011.
Meat demand stays high despite downward consumption trend.
Cattle and calves on feed for slaughter in feedlots with capacity of 1,000 or more head totaled 11.8 million as of Feb. 1.
In response to requests from school districts, the USDA will offer more ground beef product choices to schools.
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