Source: John Otte, CAROLINA-VIRGINIA FARMER, USDA, 8/23/13
USDA reported cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 10.0 million head on Aug. 1, 2013. The inventory was 6% below Aug. 1, 2012. A good bit fewer cattle are on feed than the average of trade estimates, which was down 4.2%.
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