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The Hightower Report said, “The latest Cattle on Feed report will be out on Friday afternoon before the holiday weekend and pre-report estimates from Bloomberg have On Feed at 98.6% (range of 98.3%-99.5%) versus last year at 99.1%. Placement average estimate is 97.5% (range of 95.4% to 103.8%) versus last year at 94.2%. The average estimate for Marketings is 96.7% with a range of 96.0 % to 97.4%. Last year at this time was 110.1%.”





