Good afternoon,
| Recent Reports 2018 | On Feed | Placements | Marketings | |||
| Million Head | % of Last Year | Million Head | % of Last Year | Million Head | % of Last Year | |
| FIRST OF JAN | 11,489,000 | 108.3% | 2,068,000 | 104.4% | 1,858,000 | 106.1% |
| FIRST OF FEB | 11,630,000 | 107.9% | 1,817,000 | 107.3% | 1,675,000 | 101.6% |
| FIRST OF MAR | 11,715,000 | 108.8% | 1,921,000 | 90.7% | 1,840,000 | 96.1% |
| FIRST OF APR | 11,729,000 | 107.4% | 1,695,000 | 91.7% | 1,803,000 | 105.9% |
| FIRST OF MAY | 11,558,000 | 105.1% | 0 | 0.0% | 0 | 0.0% |
| FIRST OF JUN | 0 | 0.0% | 0 | 0.0% | 0 | 0.0% |
| FIRST OF JUL | 0 | 0.0% | 0 | 0.0% | 0 | 0.0% |
| FIRST OF AUG | 0 | 0.0% | 0 | 0.0% | 0 | 0.0% |
| FIRST OF SEP | 0 | 0.0% | 0 | 0.0% | 0 | 0.0% |
| FIRST OF OCT | 0 | 0.0% | 0 | 0.0% | 0 | 0.0% |
| FIRST OF NOV | 0 | 0.0% | 0 | 0.0% | 0 | 0.0% |
| FIRST OF DEC | 0 | 0.0% | 0 | 0.0% | 0 | 0.0% |
Cattle on Feed as of May 1st were reported at 5.1% above last year at this time at 11.558 million head which is the second highest number for this period since 1996 and the highest on the chart below which stretches back to 2010. Placements and marketings are much closer to a 5 year avg for this time of year.
Jason Carlson
Trean Group LLC
141 W. Jackson Blvd. Suite 1201A
Chicago IL 60604
Office 312-604-6404