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Cash cattle prices dip

Dec 20, 2007
September 18, 2006 The contract versus cash basis levels that had been encouraging feedlots to hold cattle and add weight finally reversed last week and cash is once again “king.” The live cattle contract trade slipped below cash prices in a big decline on Wednesday last week and the move almost immediately spurred sales of live cattle last Thursday morning.   Cash trade in the north developed in a range of $138-140 live. Bids in the south, as of ...

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