Cattle-on-Feed May marketings down; to pressure summer f
USDA= s June 1 Cattle-on-Feed report was called mostly bearish to
the summer and early fall fed markets, while being friendly to cattle
marketed at the end of the year, beginning of 2006. Analysts said that
May marketings and volume of A heavy-weight@ placements were not friendly
at all, while a significant decline in all other weights of cattle placed
was very good news.
According to USDA= s National Agriculture Statistics Servi...
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