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Packer profits rally feds
— Short supplies, weather tighten sellers’ grip.
For the first time in several months, beef packers last week showed
positive profit margins and that resulted in them coming to the table
and paying more for their immediate slaughter needs. While trade volumes
were pretty light, fed cattle sellers were able to capitalize off of
tight supplies and winter weather that was threatening several major
Last week’s trade happened at mostly $92-...
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