USDA CATTLE ON FEED REPORT by sae16085

VIEWS: 0 PAGES: 1

									                                            USDA CATTLE ON FEED REPORT
                                                                                       February 19, 2010

Summary                                    Report Summary
                                                                                                                       Actual
The USDA pegged Feb-10                                                                                                % Last Yr.
cattle on feed supply at 97.4%             On Feed Jan 1                                                                98.0%
of last year. Placements during            Placements During Jan                                                       98.2%
Jan-10 came in at 98.2% of
                                           Marketings During Jan                                                       102.1%
last year and Marketings were
                                           On Feed Feb 1                                                               97.4%
102.1% of last year.

                                           Recent History
                                                                                        On Feed                                 Placements                                                                                      Marketings                        On Feed 90
                                                                                   Million            % of Prev.           Million                                                    % of Prev.                          Million             % of Prev.           Days or
                                                 Date                               Head                 Yr.               Head                                                          Yr.                              Head                   Yr.               Longer
                                               Aug-09                               9.637               97.6%              2.113                                                       102.5%                             1.815                 96.3%                4.946
                                               Sep-09                              9.879                98.8%              2.388                                                       104.7%                             1.746                 96.4%                4.668
                                               Oct-09                              10.474              100.6%              2.474                                                       101.5%                             1.755                 96.7%                4.256
                                               Nov-09                              11.134              101.5%              1.844                                                        91.5%                             1.635                103.8%                4.321
                                               Dec-09                              11.277               99.4%              1.546                                                        93.9%                             1.743                103.6%                4.743
                                               Jan-10                              11.008               98.0%              1.825                                                        98.2%                             1.774                102.1%                5.341
                                               Feb-10                              10.989               97.4%                                                                                                                                                        5.982


                                                                                  Cattle On Feed (All States)                                                                                                     90 Day Cattle Supply (All States)
                                                                     12.5                                                        111%                                                                 7.00

                                                                     12.0                                                        108%   Current % of Last Yr                                          6.50

                                                                     11.5                                                        105%
                                                                                                                                                                                                      6.00
                                                      Million Head




                                                                     11.0                                                        102%                                                  Million Head
                                                                                                                                                                                                      5.50
                                                                     10.5                                                        99%

                                                                     10.0                                                        96%                                                                  5.00

                                                                      9.5                                                        93%                                                                  4.50

                                                                      9.0                                                        90%
                                                                                                                                                                                                      4.00
                                                                            03    04   05        06    07     08     09    10
                                                                                                                                                                                                              Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

                                                                       On Feed          Current as % of Yr Ago                                                                                                                                                     Updated: 2/1/2010
                                                                                                                            Updated: 2/1/2010                                                                         5Yr Avg       Last Yr        Current


                                                                                 Cattle Placements (All States)                                                                                                    Cattle Marketings (All States)
                                                             3.00                                                                    140%                                                             2.40                                                              115%
                                                                                                                                                                                                      2.30
                                                             2.75                                                                    130%                                                                                                                               110%
                                                                                                                                                                                                      2.20




                                                                                                                                                                                                                                                                                Current % of Last Yr
                                                                                                                                                               Current % of Last Yr




                                                             2.50                                                                    120%                                                             2.10                                                              105%
                                                                                                                                                                                       Million Head
                                              Million Head




                                                                                                                                                                                                      2.00                                                              100%
                                                             2.25                                                                    110%
                                                                                                                                                                                                      1.90
                                                             2.00                                                                    100%                                                                                                                               95%
                                                                                                                                                                                                      1.80
                                                             1.75                                                                    90%                                                              1.70                                                              90%
                                                                                                                                                                                                      1.60
                                                             1.50                                                                    80%                                                                                                                                85%
                                                                                                                                                                                                      1.50
                                                             1.25                                                                    70%                                                              1.40                                                              80%
                                                                       03        04    05        06     07      08    09        10                                                                           03     04     05       06        07    08       09    10

                                                                      Placements            Current as % of Yr Ago          Updated: 2/1/2010                                                                Marketings         Current as % of Yr Ago             Updated: 2/1/2010




***This report includes information from sources believed to be reliable and accurate as of the date of this publication, but no independent verification
has been made and we do not guarantee its accuracy or completeness. Opinions expressed are subject to change without notice. This report should
not be construed as a request to engage in any transaction involving the purchase or sale of a futures contract and/or commodity option thereon. The
risk of loss in trading futures contracts or commodity options can be substantial, and investors should carefully consider the inherent risks of such an
investment in light of their financial condition.

								
To top