Placements the Key in Cattle on Feed Report

March 20, 2014 06:26 AM
 

 

 

Following are pre-report expectations ahead of the Friday, 2:00 p.m. CT, March 21 report:

Report expectations

Avg. Trade Guess

Range

% of year-ago levels

On Feed

98.9

97.8-100.1

Placements

109.7

102.2-118.2

Marketings

97.0

96.0-100.1

Throughout 2014, the On Feed category should remain below year-ago levels due to tight supplies. For the March report, the Placements category is the wildcard as the range of expectations are wide, but all of those surveyed by Dow Jones News expect Placements above year-ago levels.


 

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