USDA's monthly cattle on feed report for March 1 is due out at 2 p.m. CDT Friday. Dow Jones' survey is expecting USDA will find 11.75 million head on feed, almost 1% more than a year ago at this time. Traders continue to keep an eye on South American weather.
Weather
A pair of systems, one north and one south, will move through the eastern portions of the country Friday and Saturday with scattered showers, including some moderate snow across the north. Western states will see showers along the coast as a major system is set to move into the region this weekend.