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Market may have seen seasonal lows pass

Jul 27, 2012
Feeders, knowing show lists were small last week and on rumor that at least one of the major packers was short bought, held staunchly to asking prices of $116- 118 live in the South and $187-188 dressed in the Corn Belt. Regional packers in the North reportedly were bidding up to $183 dressed, but all expectations were of trade being forced Friday.

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