A livestock economist says he expects this week’s Cattle on Feed report to show more contraction in the cattle industry. University of Missouri’s Scott Brown tells Brownfield he expects On Feed numbers to be flat at best. “For the first few months of this year we’ve been about flat for On Feed numbers, but that will be below year-ago levels,” he says.
Also out this week — the USDA’s Livestock Slaughter numbers and he says there’s one specific area he’s watching. The USDA’s Livestock Slaughter report details the number of head, live weight, and dressed weight of cattle and calves in the U.S.