April Cattle News Today

As about a decade has passed since the last herd rebuilding, the question becomes: is the stage set for the next rebuilding?

The April Cattle on Feed report highlighted a notable decrease in March placements compared to the same period in 2023.

Producers have to consider Mexican cattle imports when lookin at the cattle on feed numbers.

Financials: June Bonds are currently 23 lower at 143’17,down about 6’00 for the last week. 10 Year Notes 16 lower at 120’01.5, down 2’12 for the week.