Futures give hope for steady cash feds

Feb 7, 2005
— 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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