USDA Cattle On Feed Report Estimates
The USDA is scheduled to release it's Monthly Cattle on Feed report today at 3:00 p.m. ET. The Street estimates for Cattle On Feed as of June 1 are near 100.9 percent of a year ago, May Placements are estimated to be 92.5 percent of a year ago and May marketings are expected to be 92 percent of a year ago.
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