Total inventories in Friday’s Cattle-on-Feed Report increased five percent from one year ago at 11.4 million head, record large supplies for October 1. September placements are 2.05 million head, five percent below one year ago. Net placements were 1.99 million head. Market analysts were expecting higher placement numbers. September marketing of fed cattle are 1.72 million head, four percent below one year ago.
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