Feds off $2-4, but profits still noted

May 9, 2005
A struggling futures market and projections for less-than-stellar post Mother’s Day beef demand left cattle feeders settling for cash cattle prices $2-4 softer than the previous week. However, even with that decline, most cattle were bringing a $50-or-more profit to producers. Trade was mostly complete in the northern tier states last Wednesday afternoon, with cattle being moved for $144-146 dressed, mostly $91 live. Souther...

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