USDA reports record-low August cattle placements at 1.617 million head

Verifying
  • USDA reported August cattle placements well below estimates at 1.617 million head.
  • 1.617 million head marked a record low for August and fell 9.16% year over year.
  • Live cattle futures finished mixed Friday, while October contracts declined $3.75 for the week.
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.