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Feds dip

Dec 18, 2006
Fed cattle trade began earlier than normal last week in the northern Plains and sales trended $1-2 lower in most states despite a slight improvement in the boxed beef. In Texas and Kansas, fed cattle traded hands at $84-85.50. In Nebraska, feds traded at $133.50-135 dressed basis and $84-85 live basis last week. There was some early week trade last Tuesday, but packers quickly backed away from bids upon news of the immigration raids at Swift & Co. Once it ...

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