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Friday, December 10,2010

Market slips lower

by WLJ
Fed cattle trade last week appeared to be reverting back to the late week pattern of earlier this year. The demand for cattle by packers has fallen off somewhat now that most of the purchasing for end of year featuring is complete. Last week, there was talk that packers could begin cutting production in

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Friday, December 3,2010

Live cattle prices reach $104 in some markets

by WLJ
Live cattle prices surged to near-record levels last week as good demand at home and abroad encouraged packers to pay up early for cattle. On Tuesday last week, live sales in the South jumped $2-2.50 to reach $104 while dressed cattle traded at $161. In the northern

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Friday, December 3,2010

PLC leads opposition to possible omnibus public lands bill

by WLJ
The Public Lands Council (PLC), American Sheep Industry Association, National Cattlemens Beef Association, and 15 other livestock groups have submitted letters to congressional leadership, and to Secretary of Interior Ken Salazar, stating their...

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Wednesday, November 24,2010

Cash trade sharply higher

by WLJ
Cash fed cattle markets were sharply higher last Tuesday afternoon with prices moving $3-3.50 higher than the previous week in the south at $101.50 to mostly $102 live basis. In the northern Plains, fed cattle traded early ahead of the holiday at $101-101.50 live and 162 dressed. Early trade

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Friday, November 19,2010

Fed trade steady

by WLJ
Fed cattle trade last week was slow at midweek with cattle trading in the southern Plains at $98-98.50 live and at $155-158 dressed in the northern Plains and Corn Belt, prices steady to $1 higher than the previous week’s trade. Strength in the boxed beef markets created by solid demand added support

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Friday, November 12,2010

Grass prospects provide a boost to feeder cattle prices

by WLJ
Fed cattle trade was slow to get started last week with most cattle feeders holding out for higher money after a surge in the futures market and mostly steady boxed beef trade. By midday last Thursday, only a limited number of fed cattle had traded hands, mostly in Kansas at $97.50 live and

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Friday, October 29,2010

Fed cattle retreat from recent highs

by WLJ
Fed cattle trade last week was slow but steady for much of the early week period with small numbers trading in most areas through midday last Thursday. The light cash trade had backed down from the previous weeks exceptional levels by $2-2.50 in most areas.

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Friday, October 15,2010

Foreign beef buyers boosted by weaker U.S. dollar value

by WLJ
Fed cattle trade last week was stalled last Thursday with packers and feeders deadlocked over prices. Packers were attempting to push prices lower to the range of $94-95 live and $148-150 dressed, while feeders were holding out for $97-98 live and

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Friday, September 24,2010

Prices slip back after corn tops $5/bushel mark

by WLJ
Fed cattle trade wrapped up early last week with the bulk of the action complete on Tuesday and Wednesday. In the southern Plains, live cattle traded mostly steady to $1 higher at $98-98.50. Dressed sales in the Corn Belt and Nebraska were reported at $153-154, steady to $1 lower than the previous weeks sales.

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Friday, September 17,2010

Corn market rises, causes pullback in feeder prices

by WLJ
Trade started out mostly steady last week with early reports of $98 live cattle sales in the southern Plains and $153-155 dressed trade in the northern Plains and Corn Belt. The steady trade last week was a positive for the industry, as many analysts were expecting trade to move lower as a result of

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