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Consumer demand supports market

Dec 20, 2007
Slaughter numbers last Thursday were estimated by USDA at 698,000 head, 10,000 below the previous week, but still well above 2005’s harvest of 661,000 during the same week. Despite the higher harvest, boxed beef values remained strong most of last week as order buyers were busy filling demand with immediately available Choice rib cuts bound for holiday barbeques. That demand created a strong rise in the Choice/Select spread last week. On Wednesday, the Choice product added ...

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