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Fed market very slow, steady
— Packer losses, slow demand cited.
It was a tenuous week in the fed cattle markets last week. Trade volume
was light and $88-88.50 live, $140 dressed was all that cattle feeders
could muster despite a winter storm that passed through most of the
nation’s cattle feeding region.
There were several elements at work last week—futures markets were
softer with the Canadian trade news and announcements that most of the
nation’s major packers were goi...
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