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Prices continue higher with little conviction

2015-10-24 03:29:00| Beef

Calves weighing less than 500 pounds sold $5-$15 per cwt higher, according to the Agricultural Marketing Service. Calves heavier than 500 pounds and yearlings sold steady to $5 higher with instances of $10 higher. Cattle futures crawled higher week to week, too, but the ride felt akin to a long day on a straight-shouldered horse. Wariness was most apparent in the cash fed cattle market. Trade remained at mostly a standstill through Friday afternoon with a sizable gap between prices cattle feeders wanted and those being offered by packers. read more

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