The US Department of Agriculture showed March placements up 6 percent from a year earlier to 1.899 million head. The average analyst estimate was for a 1.5 percent decline.
USDA put supply of cattle in feedlots on April 1 at 10.909 million head, or 95 percent of the year-ago total. Analysts polled by Reuters, on average, expected 94 percent.
The government said the number of cattle sold to packers, or marketings, in March was down 8 percent from a year earlier, to 1.771 million head versus forecast for a 6.4 percent decrease.
Analysts said the larger-than-expected placements and lower marketing results could pressure live cattle contracts at the Chicago Mercantile Exchange when the market reopens on Monday morning.
<Center><b><i>Copyright Reuters, 2013</b></i><br></center>