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Calf and yearling prices move higher

2015-11-28 01:36:00| Beef

Cattle prices were mostly higher during the holiday-shortened week. According to the Agricultural Marketing Service, a light test of calves sold mostly steady to $10 per cwt higher at major auctions, while a light test of yearlings sold steady to $4 higher. Direct trade was firm to $3 higher. "Producers should not expect a price resurgence before the end of the year for calves or yearling cattle," explained Andrew P. Griffith, agricultural economist at the University of Tennessee, in his market comments the previous week. "Further declines in the yearling market are becoming less likely but more downward pressure is possible. read more

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