Posted 9/24/2017 10:55 (#6267060 - in reply to #6266955) Subject: RE: Cattle on feed, cold storage
North Central Texas
The CS is bearish and was well over expectations. It's not all bad right now. Cattle have been marketed well and we can see some positive into october. Cash may help October too. October is going to start the slaughter of the big placements that will carry through February. There is going to be huge numbers of cattle on wheat so we will slow placements from here until the April report. I just don't see slaughter numbers keeping up with the supply that is hitting from nov-feb. Stocks will climb and demand will slow. This really is normal seasonal trade.
Cattle on feed, cold storage
