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Friday, September 22, 2017  
 
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Cattle on Feed Report                 09/22 14:00

By John A. Harrington
DTN Livestock Analyst

                        USDA Actual  Average Guess      Range
Cattle on Feed:
On Feed September 1        104.0%     102.5%        103.5-106.0%
Placed in August           103.0%      97.5%         88.5-104.5%
Marketed in August         106.0%     106.0%        104.5-107.0%

The Sept. 1 On Feed report looks somewhat negative with August 
placement considerable larger than anticipated. Futures are 
likely to open 50-100 lower on Monday with December probably 
catching most of the bearish reaction.

For more Harrington comments, check out 
http://www.feelofthemarket.com


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