Fed trends uncertain

May 16, 2005
— Boxed beef market cited. — Thursday bids, asks $5-6 apart. Packers and cattle sellers continued to stay $5-6 apart as WLJ went to press last Thursday. What made last week more interesting was the fact that nobody was sure where the market would end up at the end of the week. While some regional marketing sources said they thought steady money was in the cards for last week’s trade, other more national-based ana...

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