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Fed Cattle Recap | Cash prices tumble

The cash market for fed cattle dropped further and faster than many anticipated.

Following last weeks large volume of cash cattle, packers eased off a little for the week ending May 12.

In spite of negative signals from the futures market, the cash market for fed cattle in April held tough.

The cash cattle market continues to respond to excellent beef demand and packer needs.

The fed cattle market was $1 to $3 higher as packers look to fill their coolers.

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