What are the highlights from last week’s Cattle On Feed Report?

How did the detection of New Work screwworm in Mexican cattle impact the numbers?

The latest Cattle On Feed Report shows that feedlot placement is up 2% from last year. Many expect the rise to continue as cattle imports from Mexico have resumed.

Extension economist with Mississippi State University, Dr. Josh Maples spoke with RFD-TV’s own Suzanne Alexander on some of the highlights, contributing factors, and what to keep an eye on moving forward.

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One trader said the products entering the U.S. are primarily grind and trim, noting that the volume and type of beef, on its own, should not cause a major disruption. However, he says fund traders are reacting heavily to headlines rather than market realities.

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