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Markets remain strong

Sep 11, 2006
A shortened kill week, along with packers threatening to reduce harvest rates, drove beef cutout values higher last week. The higher boxed beef prices were encouraging news for feedlots who, as of last Thursday, were still holding out for steady to higher money despite packer margins still estimated to be slightly negative. The sharply higher pre-holiday weekend trade was difficult to explain and it had analysts scratching their heads last week. The result, ...

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