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Cull cow feeding presents opportunity

Sep 3, 2007
—Fed cattle prices rise ahead of holiday. Cash fed cattle trade last week was slow to start, with feedlots and packers working hard to outlast one another before coming to the table. As of last Thursday, analysts were still expecting trade at prices $1 higher than the prior week at $93-94 live and $146-148 dressed. However, as of mid-day last Thursday, feedlots were still passing on packer bids and were as much as $2-3 apart. A rising cutout and the e...

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