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Austin Schroeder at Barchart.com said, “USDA’s Cattle on Feed report from Friday showed March Placements down 7.67% from a year ago at 1.709 million head, coming close to estimates. Marketings were 5.5% lower vs. last year at 1.62 million head. April 1 on feed came in close to estimates at 11.576 million head, down 0.53% from a year ago. The inventory for heifers on feed was at 4.32 million head, down 1.37% vs April 1, 2025, the ratio at 37.32%.”





