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CoF called bullish all around

Sep 27, 2004
— Marketings could mean $86-plus feds. — Placements down third straight month. Market analysts were quick to call USDA's September 1 Cattle-on-Feed (CoF) Report, released September 17, supportive to both the cattle futures complex and the cash fed cattle market. Leading the optimism was last month's double-digit-percentage drop in August feedlot placements, compared to 2003, and an August marketing figure that was at the top end of ...

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