Fed cattle trade was much stronger last week on
good cash sales volume. Trade broke lose Thursday at noon. Southern
feeders established trade at $82-82.50 and northern dressed trade was
$3-5 higher at $127-130. The Labor Day rally allowed some recovery on
beef and prices, but late week trade at $2-3 higher was a surprise to
most market watchers. Packers needed more cattle than many analysts
Cattle feeders held their ground and packers were aggressively bu...
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