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Market disruptions

  May272020 – The May Cattle on Feed report released last week showed a lower level on feed compared to a year earlier. Despite wide ranges of trade estimates for placements and marketings, once averaged together they were close to the actual numbers for April 2020. Marketings were 76 percent of the level from last April, while placements were 78 percent of last April. The lower marketings were COVID-driven. The disruptions have also lead to an increase in slaughter weights....

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