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Aug 8, 2008
A good jump in the futures trade lent some support to fed cattle markets last week and was expected to push cash prices higher. Although there was only minimal trade at mid-day last Thursday, analysts were calling the market $1-2 higher at $99-100 live and $158-160 dressed basis when trade finally got started, although the bulk of the action looked to be a Friday affair. Boxed beef prices also continued to support the live trade with Choice cutout values rising at midweek on fair movement in th...

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