Beef Magazine
Feedlot placements record low
Cattle on Feed falls fractionally as September placements hit a record low and marketings slow to historic lows.
Meat Signal
With record-low feedlot placements and slowing marketings, expect tighter supplies of boxed beef in the coming months, likely leading to upward price pressure on wholesale cuts. You should consider securing your beef needs with longer-term contracts now to mitigate potential price volatility and ensure supply stability.