DTN Livestock Close: Larger Than Expected Cattle on Feed Numbers

©Debra L Ferguson Stock Photography

Cattle on feed totaled 11.23 million head Sept. 1. This is 1% below year-ago levels, but still well above pre-report estimates. Cattle on feed numbers are the second highest total since 1996. Total hog numbers fell 4% from year-ago levels, with reductions in all significant categories.

GENERAL COMMENTS:

From Friday to Friday, livestock futures scored the following changes: October live cattle up $0.13; December live cattle up $0.63; September feeder cattle off $0.25; October feeder cattle up $0.97; October lean hogs up $1.55; December lean hogs up $1.75

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