USDA released their latest look at the number of cattle in feedlots for December.
Livestock analyst Shayle Shagam said placements were 18 percent above a year ago, far exceeding the expected eight percent.
“Some of the returns have been improving with gains in fed cattle prices. Relatively low...
A USDA report shows that 15 percent more cattle were placed in feedlots this August as opposed to August of 2015.
USDA Livestock Analyst Shayle Shagam said feedlots are still losing money.
“But we did see feeder steer prices in Oklahoma during August averaging about $145 per hundredweight as opposed to about $212 in August of 2015. The fact that ...