Cash feds at impasse

Sep 13, 2004
Last weeks fed market started out with packers and cattle feeders being $5-7 apart, which didn't produce much through Thursday, only 50,000 head had traded nationwide. Nebraska dressed trade was light and traded at mostly $80 live, $127 dressed, steady with a week earlier. Most cattle feeders were asking $83-84 live, and $132 dressed, while packers seemed content to bid $78-79 live, $126-128 dressed. Packers raised bids to $81 late in the we...

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