Cattle placements drop in first post‑shutdown on feed update

Brownfield Ag News observed that the USDA’s November cattle‑on‑feed numbers came in at the low end of expectations. Placements were the lowest for the month since the data series began, down 10% year over year, with most calves weighing under 800 lb. October marketings fell 8% and total cattle on feed Nov 1 were 2% lower than a year earlier.

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