The Cattle Business Weekly

Trend of Lower Numbers of Cattle on Feed Continues

By Justin Slabaugh, Blue Reef Agri-Marketing The market now turns its focus to digesting the results of the April USDA Cattle on Feed report, following a month marked by intense volatility. The March report revealed a significant year-over-year shortfall in February placements. In the weeks that followed, the market experienced both new contract highs across the board and a steep correction — nearly /cwt in feeder cattle and approximately /cwt in live cattle — largely driven by negative headlines surrounding global trade and renewed tariff threats from the Trump administration. Despite the month’s turbulence, the market found solid footing heading...

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