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Breaking down the USDA December Cattle on Feed Report
While the overall number of cattle in the United States remains at extremely low levels, the trend of lower cattle inventories in feedlots is continuing. That is reflected in the December USDA Cattle on Feed Report says USDA livestock analyst Michael McConnell. Placements in feedlots were down 11% from the same period a year ago. Marketings were down 12% year-over-year. McConnell further explains the findings from this month’s report. That was USDA livestock analyst Michael...















