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Cutout values dip; futures uncertain

May 11, 2012
Cash fed cattle trades were at a standstill throughout most of the week with neither side giving ground on prices through midday Thursday. The schism between bids and asking prices stayed solid at $5-7 with bids of $117 live and $190 dressed in the face of $122- $123 live and $195-$197 dressed asking prices in the Southern Plains.

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