USDA’s August Cattle on Feed report said July marketings were down 0.7%, July placements up 1.6%, and the number of cattle on feed up 1.6% at the start of August.
The August WASDE predicts this fall will bring our first 15 billion bushel corn harvest and the first 4 billion bushel soybean harvest. This is good news for feeder cattle prices.
Fetal programming is generally considered the impact of nutritional and health status of the mother during pregnancy and its impact on the health and productivity of the offspring.
Until the market gains some consistency with what is happening in the country then the futures market is about as risky as playing croquet in the alligator pit.
