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Spring beef prices rally feds $2-3

Apr 25, 2005
— Taiwan purchases taking effect. — Fear of late spring front-end problems. Stronger boxed beef prices, packer profits, a projected jump in spring beef demand and a $1.50-2 rally in nearby live cattle futures helped spike cash fed cattle prices mostly $2 last week compared to the week previous. Northern tier trade revved up Wednesday with approximately 45,000 head trading in Nebraska at mostly $93-93.50 live, $150 dre...

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