Feedlots may be placing more lightweight cattle simply because overall feeder supplies are declining.
Soaring demand for the nutrients key to boosting farmers’ crop yields has helped these global fertilizer giants.
However, drought is the Grinch this year.
Soybean and wheat volume face week-over-week declines.
USDA offers few revisions for corn, soybeans while lower exports and higher world production sends wheat tumbling.
Corn and wheat volumes also improve from a week ago