Beef Buzz News
Lower Placements of Cattle Into Feedlots Expected in USDA Report on Friday
Thu, 20 Dec 2012 04:43:18 CST
The final Cattle on Feed report for 2012 is expected to show more of the same compared to the last several cattle in feedlot counts- fewer numbers in the major feedlots compared to one year ago and fewer cattle being placed into feedlots compared to one year ago.
Ron Hays Beef Buzzes with Erica Rosa Sanko of the LMIC as she previews the upcoming Cattle on Feed Report.
Dow Jones has polled analysts about the upcoming report- and the average pre report guess for the number of cattle on feed is 93.4% of a year ago- while placements are expected to come in well below last November- off 8.8% from 2011. Marketings are predicted to have remained largely unchanged from 2011.
If the placement number comes in below 2011 levels, that would extend the string of lower placements to six consecutive months.
Today's Beef Buzz examines what the report may say and what it may mean with Erica Rosa Sanko of the Livestock Market Information Center in Denver. Sanko talked about the upcoming Cattle on Feed report earlier this week with Eric Atkinson on the extension program Agriculture Today.
The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network- but is also a regular audio feature found on this website as well. Click on the LISTEN BAR below for today's show- and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.
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