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Beef Market Update: Futures tumble following cattle on feed report
The cattle markets took a tumble last week after the United States Department of Agriculture (USDA)'s Cattle on Feed report surprised traders with higher than expected cattle placements. September cattle placements were up six per cent compared to last year, and four per cent above the five-year average. Traders were only expecting a two per... Read More
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By RealAgriculture
4.4
55 ratings
The cattle markets took a tumble last week after the United States Department of Agriculture (USDA)'s Cattle on Feed report surprised traders with higher than expected cattle placements. September cattle placements were up six per cent compared to last year, and four per cent above the five-year average. Traders were only expecting a two per... Read More
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