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Scarce feeders to drop USDA placements

02/19/2014 @ 12:14pm

The following estimates, as compiled by the Wall Street Journal for the nation's feedyards with a capacity of 1,000 or more head, are in percentages of the year-earlier figure. High and low projections were dropped in the calculation of averages. The U.S. Department of Agriculture report is scheduled for release at 3 p.m. EST (2000 GMT) Friday.

                                Average            Range 
                              of estimates      of estimates 
 
  On-feed Feb 1                 96.0             94.8- 99.0 
  Placed in Jan                102.6             95.7- 107.1 
  Marketed in Jan               95.4             93.2- 98.0 
 
Analyst                      On-Feed      Placements      Marketed 
                                Feb 1        in Jan          in Jan 
 
   Allendale Inc                94.9          95.7           95.8 
   CattleHedging.com            96.2         103.1           93.6 
   CHS                          99.0         105.0           98.0 
   Drake Trading                96.4         104.7           94.5 
   Frontier Risk                95.4         100.7           95.7 
   HedgersEdge                  97.0         107.1           93.2 
   Linn Group                   95.7         103.9           97.3 
   Livestock Mktg Info Ctr      96.4         104.4           94.8 
   North America Risk Mgmt      94.8          95.9           95.2 
   University of Missouri       95.8         102.9           96.0 
   US Commodities               95.8         103.0           96.0

Write to Kelsey Gee at kelsey.gee@wsj.com

(END) Dow Jones Newswires

February 19, 2014 11:25 ET (16:25 GMT)

DJ Correction to Analysts' Estimates for February USDA Cattle-On-Feed Report->copyright

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