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Cattle-on-Feed May marketings down; to pressure summer f

Dec 20, 2007
USDA= s June 1 Cattle-on-Feed report was called mostly bearish to the summer and early fall fed markets, while being friendly to cattle marketed at the end of the year, beginning of 2006. Analysts said that May marketings and volume of A heavy-weight@ placements were not friendly at all, while a significant decline in all other weights of cattle placed was very good news. According to USDA= s National Agriculture Statistics Servi...

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