Cash fed cattle lose ground

Jun 19, 2006
— Exchange contracts ignore lower cash to rally sharply. Fed cattle trade last week began in the northern tier and western Corn belt on Wednesday at prices sharply lower than the previous week. Cattle trade in Nebraska and Colorado moved good volume, with more than 100,000 head trading hands at $3 lower than the prior week at $125 dressed and $78-78.75 live, $2-3 lower than the prior week. In the southern Plains, bids and offers were still far apart and as of Thursday, cattl...

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