Where are the additional feeder cattle?

Estimated feeder supplies indicate some increase in carryover feeder cattle from 2015.

The U.S. Department of Agriculture’s annual “Cattle” report showed that the ratio of the estimated feeder supply to the 2015 calf crop was 75.5%, up slightly from last year, which indicates some increase in carryover of feeder cattle from 2015 into 2016. That leads to the question of where those cattle are, according to Oklahoma State University Extension livestock marketing specialist Derrell Peel.

USDA estimated that total cattle inventories in the U.S. increased 3.2% year over y

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