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Cattle on Feed Report Dec. 19 2014

Last friday´s Cattle on Feed report noted a 1% increment in total inventory compared with December 1, 2013. For the short term, the inventory chart is slightly bearish:

However, the most surprising data came from placements and marketings:

Placements were the second lowest in November since 1996. With this low placements, cattle prices in spring should be strong

Cattle marketed during November was very low (and prices breaking records). This chart shows the difference among 2013 and 2014.

This is a 35 year chart of Live Cattle. Record prices were reached on November:

This 35 year chart has been prepared with Scarr Visual Trading

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