The Jacobsen Commentary and Market Opinion Courtesy of www.thejacobsen.com The latest figures show that cattle and calves on feed for slaughter markets in the United States—in feedlots with capacity of 1,000 head or more—totalled 10.5 million head on May 1, 2010. The inventory was 3% below May 1, 2009. Placements in feedlots during April...

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