USDA Cattle on Feed Report Street Estimates

The U.S. Department of Agriculture ( USDA ) cattle-on-feed report is scheduled for release today at 3:00 p.m. ET. The average street estimates for cattle and calves on feed for the slaughter market on February 1st are near 100.7 percent of a year ago. The street estimates for placements in feedlots are near 111 percent of last year. The average street estimate for marketings during January are at 109.8 percent of a year ago.