For the USDA Cattle on Feed report scheduled for release on December 19, 2025, analysts anticipate a continued tightening of supplies across several key metrics compared to the previous year. The following are the average pre-report guesses from industry analysts: Metric Average Analyst Guess (Year-over-Year) On Feed (Dec 1) 98.0% – 98.3% Placements (Nov) 91.8% – …











