Cattle Slaughter Forecast Higher In Coming Weeks

United States cattle slaughter finished last week at an estimated 626,000 head, the lowest weekly estimate since the week ending Feb 22^nd of this year. Production is forecast to increase this week to 635,000 and accelerating higher after the holiday break. Slaughter over the next six weeks is forecast at an average of 658,300 per week, which is up 1.8 percent from the prior six week average and up 0.7 percent from last…