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Sunday, October 21, 2018  
 
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Cattle on Feed Report                 10/19 14:03

                        USDA Actual  Average Guess      Range
Cattle on Feed:
On Feed Oct. 1             105.0%        106.3%     105.6-107.4%
Placed in September         95.0%        100.0%      96.7-105.0%
Marketed in September       96.0%         96.7%       95.9-99.3%
 
"The September Cattle on Feed report comes in generally neutral 
to slightly bullish with USDA total cattle on feed and placement 
levels coming in well below early estimates and under the 
estimated range," said DTN Analyst Rick Kment. "The weakness 
seen in the cattle complex through the week may limit underlying 
support early next week. But the lower supply levels could help 
to rekindle market stability through the near future."


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