Cattle placements came in below pre-report expectations in the USDA’s latest On Feed report.
University of Missouri’s Scott Brown says it was a matter of time. “January and February were both tough,” he says. “January was cold. We ended up below what we would have maybe thought placements were. We made up for that in February. Now, March gives us a better feel of where that placement number is heading going forward.”
He tells Brownfield the placements number will be critical in the coming months.
