Cattle on feed numbers out Friday afternoon
Thursday, April 20, 2006, 4:23 PM
by John Perkins, Brownfield Network
The United States Department of Agriculture is scheduled to release Cattle on Feed estimates Friday, April 21, 2006 at 2 PM Central.
According to Dow Jones Newswires, analysts are expecting total U.S. cattle on feed as of April 1 to be 108.2% of a year ago, with a range of 106.5% to 110%.
Estimates for March placements range from 98.6% to 106.1%, with an average of 102.7%.
Marketings during March are pegged at 101.3%, in a range of 100% to 104%.