Markets Extra

Brokerage forecasts for August 21 US Cattle on Feed report

Markets Extra21 Aug 2020by Agrimoney Newsdesk

Analysts’ estimates in a survey by Urner Barry, Agrimoney’s sister publication, for the nation’s feedyards with a capacity of 1,000 or more cattle.

The figures are presented as percentages of year-before numbers.

The averages were calculated without using the high and low estimates.

USDA’s monthly cattle on feed report is scheduled for release later on Friday.

	Average of estimates	Range of estimates
On feed August 1	100.9	99.7 – 101.4
Placed in July	106.1	101.7 – 108.7
Marketed in July	99.1	98.8 – 101.5

Breakdown by survey respondent:

Analyst	On feed August 1	Placed in July	Marketed in July
Allegiant	101.3	108.7	98.8
Allendale Inc	100.1	101.7	99.8
HedgersEdge.com	100.8	106.2	99.4
LMIC	101	106.7	98.9
Mike Sands	101	107	99.0
New Frontier Capital	100.9	107	99.1
North Dakota State University	101.1	107.2	99.1
Steiner Consulting	100.6	104	98.9
Texas A&M University	101.4	108	98.9
US Commodities	99.7	102.5	101.5

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