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Packers trim harvest for second week

Dec 20, 2007
After very light live cattle trade a week earlier, beef packers cut plant operating hours again last week to reduce total harvest significantly in their efforts to boost the sagging cutout values. However, the move appeared to have little effect and at mid-week, lower wholesale prices spurred heavy trade, allowing packers to move 482 loads of Choice and Select fab cuts and 134 loads of trim and grinds out of cold storage and into the hands of retailers. Most of the de...

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