COF to Show Sharp Reduction in Placements

On Feed expected up slightly from year-ago.

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

100.7

99.6-101.5

Placements

91.4

86.7-99.0

Marketings

101.6

99.6-104.0


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