Wide range of pre-report guesses for On Feed and Placements.
Report reflects aggressive lightweight calf placements.
Traders look for On Feed to come in below year-ago levels.
Feedlots placed significantly more cattle on feed than expected last month.
Report showed all categories on the bearish side of expectations.
Report showed On Feed and Placements as expected.
Expectations for Friday's Cattle on Feed Report.
Showed all categories about as expected.