Futures give hope for steady cash feds
— Other indicators bearish.
— Light volumes, moisture boost calf prices.
Fed cattle trade activity was following the pattern set the previous
three weeks with northern trade happening Thursday and southern cattle
not being marketed until Friday. Through midday Thursday Nebraska cattle
feeders had sold 15-20,000 head at mostly $140-141 dressed. No trade
activity was reported in either Kansas or Texas, as packer bids were
still hovering around $86, while a...
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