Cattle feeders are going to use more corn than previously expected according to USDA’s latest Cattle on Feed report that showed five percent more cattle in the nation’s feedlots. The real surprise was the higher number of placements in September that has resulted in over one-half million more cattle being fed than a year ago. Feed grains used by cattle in feedlots from the 2011 crop will now likely be more than five percent higher than was fed from the 2010 crop. <Read More>
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