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Delayed corn planting hits feeder cattle

Late-May USDA report on corn planting progress pulled down feeder cattle prices.

Prices were either side of steady as normal seasonal declines began in the feeder cattle market.

Slaughter cows are starting their seasonal decline, but prices were able to regain last week's losses. Feeder cattle prices dropped as volume jumped.

Feeder cattle prices were steady to $5 lower.

As more heavy weight feeder cattle came to town, prices dropped $5-7 lower this week.

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