Cattle Slaughter Forecast Lower Over Next Three Weeks

Cattle Slaughter Forecast Lower Over Next Three Weeks

Trading in the animal proteins market was quiet to start the week. A big winter storm is likely to cause plenty of logistics issues in the Midwest over the next 24 hours with big snowfall and ice accumulation expected in Nebraska through Ohio.

Cattle slaughter finished last week at an estimated 657,000 head, up 1 percent from the week prior. Slaughter is forecast to fall over the next six weeks, estimated at 650,000 this week and down to a low of 620,000 head the week of February 20th before climbing back up to 635,000 the week of…

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