Market News

On feed report should show increased placements

UDSA’s cattle on feed report Friday is expected to show an increase in placements.

According to Dow Jones Newswires, on average, analysts see March placements up 1.7% on the year thanks to better profit margins and cheaper feed costs.

Marketings are expected to be down 3.4% from a year ago, while the total number of cattle on feed could be up around a half a percent.

The report is out Friday at 3 PM Eastern/2 PM Central.