Cattle Slaughter Forecasted to Trend Lower

Cattle Slaughter Forecasted to Trend Lower

Trading was quiet to start the week with no activity reported. 

Cattle slaughter finished last week at 640,000 head, down 2 percent from a year ago and up 1 percent relative to the year prior. Slaughter is forecast to move lower over the next six weeks. This week, slaughter is projected out at 645,000 head, down 2 percent from last year. Over the next six weeks, slaughter is forecast at an average…

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