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USDA cattle data seen bearish for Monday's market

Agriculture.com Staff 07/21/2006 @ 3:03pm

USDA, in its monthly supply report released Friday, estimated 10.872 million head of cattle on feed, 5% above a year ago. As of July 1, USDA estimated 1.951 million head of cattle were placed in feedlots, 10% above a year ago, and marketings at 2.203 million head were 6% above a year ago.

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USDA, in its monthly supply report released Friday, estimated 10.872 million head of cattle on feed, 5% above a year ago. As of July 1, USDA estimated 1.951 million head of cattle were placed in feedlots, 10% above a year ago, and marketings at 2.203 million head were 6% above a year ago.

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