Drop in cattle on feed numbers came as no surprise to livestock economists as headwinds remain, Dave Bergmeier writes.

Northern trade has pushed up to $205-212, with a bulk at $210-212 ... while calves were steady. Cattle on Feed data showed December placements down 3.3% from a year ago at 1.642 million head.

USDA's first Cattle on Feed Report for 2025 shows the trend of a shrinking cattle inventory continues from 2024. Rusty ...

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