COF Report Expected to Show Reduction in Marketings

On Feed seen higher than year-ago, with Placements lower.

Traders are preparing for Friday afternoon’s monthly Cattle on Feed Report.

Following are pre-report guesses:

Report expectations

Avg. Trade Guess

Range

% of year-ago levels

On Feed

102.6

100.0-103.8

Placements

98.9

92.6-104.1

Marketings

93.8

92.0-101.0


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