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Market conditions still tough

Dec 20, 2007
Winter weather hit the southern Plains hard last week and hindered the cattle markets in Texas, Oklahoma and Missouri, where ice storms brought shipments to a grinding halt. With the likelihood of more snow in the forecast for late last week and the weekend, some light fed cattle got underway early last Thursday at $140 dressed basis in Nebraska. Prior to the light trade development last week, which wasn’t enough to call a trend, the prior week’s live sale...

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