USDA's Cattle on Feed report revealed an unexpected number of feeder cattle placements in August. Retail beef demand is also being impacted by changes in pork and poultry supplies as well as an end to the summer grilling season. Crashing Cattle Prices Last week we reported that pre-estimates regarding the monthly USDA Cattle on Feed report showed an average expectation of approximately 0.3 percent growth in August placements of feeder cattle compared with July. In fact, they were down 5 percent. With very slow marketings during August, the pre-report industry forecast indicated total cattle on feed as of 1 September 2015 would be 3.7 percent higher than on the same date last year. Based on the lower placements, however, the increase was 2...