USDA Cattle-on-Feed report Street Estimates

The U.S. Department of Agriculture's monthly cattle-on-feed report is scheduled for release today at 3:00 p.m. ET. The average street estimate for placements in feedlots during June is near 106.4 percent of last year. The street estimate for marketings is around 109.5 percent. The street estimate for on-feed supply of cattle is around 101.6 percent of last year.