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U.S. Cattle on Feed Numbers Up

The amount of U.S. cattle on feed is up 2 per cent from a year ago.

The USDA says America's inventory on August 1st of this year on lots of a thousand or more was 10.2 million head.

The department reports placements in feedlots in July totaled 1.57 million head, which is also up 2 per cent from last year.

Marketing of July fed cattle came in 1 point below July 2015 at 1.71 million.

The USDA notes the marketings were the lowest for a July since recording began back in 1996.

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