COF Report Expected to Show Reduction in Marketings
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 |