Fed cattle trade expected to be steady

Jul 31, 2006
The news of Japan didn’t move the market last week and as of Thursday afternoon, trade was still at a halt, despite rumors of packers being short for the week in the north. Previous week trade occurred in the south Plains at $79-79.50. Live sales in the northern Plains traded at $80- 80.50 live basis with dressed sales at $126-127, mostly $126. Brent Snyder, market analyst for Texas Cattle Feeders Association, said the market this week was difficult to call. ...

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