Demand is primary market driver

Dec 20, 2007
The cash fed cattle market last week was at a standstill Thursday with trade expected to slide lower by as much as $4 when it finally got underway. There was light trade reported in Nebraska at mid-day Thursday at $144-145 dressed basis, which was $3-5 lower than the prior week. However, most feedlots were still holding out for better money in hopes of at least steady trade, although it appeared unlikely. Prior week trade occurred at $96-96.50 live in the south. Li...

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