On feed numbers support late 2007/early 2008 expectations

Oct 1, 2007
— Cattle on feed numbers total 10.3 million head, down 6 percent from 2006. — Placements drop 7.5 percent. — Marketings, even with last year, remain a blemish in an otherwise bullish report. The Sept. 1 cattle on feed report contained more good news for cattle feeders and cow/calf producers. On feed and placement numbers were inline with analyst’s pre-report expectations. As expected, it was the third consecutive month showing ligh...

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