July cattle placements, marketings fall to historic lows

Cattle placements and marketings during July were the lowest for the month on record. The USDA says 1.422 million head of cattle were placed into feedlots last month, below pre-report expectations, and down 11% on the year. That strong decline is due to ongoing drought in some of the major feeding areas, along with the […] The post July cattle placements, marketings fall to historic lows appeared…