Looking for signs of expansion in the cattle herd

Looking for signs of expansion in the cattle herd

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.