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October cattle on feed sets record
— Heifer placements up 16 percent from last year. The October cattle on feed report came in near pre-report expectations and was considered largely neutral. It showed the number of cattle on feed, estimated at 11.4 million head, up 9 percent from October 2005. The number was the highest October cattle on feed number for the data series beginning in 1996. The number of cattle and calves being pushed into feedlots by drought this year has continuously b...
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