An ag economist says he’s looking for signs of herd expansion in the USDA’s reports this week.
University of Missouri’s Scott Brown says he’s watching placements in Friday’s Cattle on Feed report – especially after the January numbers. “But, January was so cold there was a lot of discussion about how much placements were going to be down in the January pre-report relative to what we actually got in January, he says. “Pre-report would have suggested a lot lower placements.