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Cattle Feeding Losses, Uncertainty Pound Cattle Prices
2013-02-16 14:56:00| Beef
“Extremely tight supplies of available feeder cattle could no longer hold the inflated market levels as feedlot managers struggle to sell fed cattle and packers struggle to sell the finished product despite a considerably reduced harvest schedule,” explained analysts with the Agricultural Marketing Service (AMS) Friday. “Even lightweight stocker cattle and calves that previously appeared resistant to bearish signals fell victim to the down market.” read more
Tags: prices
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Category:Agriculture and Forestry