CoF Should Show More Cattle on Feed
AFTERNOON LIVESTOCK OUTLOOK
The Cattle on Feed Report could and should start to show more cattle on feed if previous reports about placements were correct. This week look for packers to be picky on how they buy cattle. More cattle are expected to be available moving into the end of June and throughout the summer.
Pork exporters this week want to see a big buy again from Mexico. The peso has moved well off the lows it made on June 15th.
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