Hart Acre Grains

	Headlines
	USDA Cattle on Feed Report Preview Family Business Matters Maryland Farmers Adapt to Input Costs Plains, Prairies Quick Takes DTN Retail Fertilizer Trends Inside the Market Ag Weather Forum Trump Delays Canadian Tariffs Deere Farmer Settlement Moves Forward Plains, South Pastures Lag Well Behind

USDA Cattle on Feed Report Preview

ShayLe Stewart 8/20 9:45 AM

OMAHA (DTN) -- USDA's Aug. 1 Cattle on Feed report isn't expected to shake the market by any degree, as it will likely be quickly overshadowed by the U.S. border reopening to Mexican cattle imports starting on the following Monday, Aug. 24.

And when you take into consideration the pre-report data, the report is expected to yield a similar scenario the market has seen time and time again in months past where the total number of cattle on feed is higher, while both placements and the number of cattle marketed are lower.

I don't expect there to be any wild cards in Friday's report, and it's very likely that the report will be quickly forgotten about given the other developing factors at play.

USDA will release its Aug. 1 Cattle on Feed report at 2 p.m. CDT on Friday.

	USDA Actual	Average Estimate	Range
On Feed Aug. 1		102.5%	102.3-102.9%
Placed in July		93.5%	92.3-95.1%
Marketed in July		92.6%	92.2-93.4%

* Estimates compiled by Dow Jones.

ShayLe Stewart can be reached at ShayLe.Stewart@dtn.com