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Fed cattle and wholesale beef lead price decline

2015-09-26 05:18:00| Beef

Bearish fundamentals, including growing total red meat and poultry supplies, worsening feedlot economics, and the reported backlog of ultra-heavy cattle, continue to weigh on cattle prices Yearling feeders traded $5-$10 per cwt lower with instances of $15 lower, according to the Agricultural Marketing Service (AMS). Calves sold mostly $5-$15 lower with instances of $20 lower in the Midwest and Southeast. read more

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