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Cattle Demand Softens But So Does Supply

2014-04-19 16:44:00| Beef

Prices stall with seasonal pressure but remain girded by historically low cattle numbers. Ten days ago, packers were short bought and now they're not, John Otte, Penton market analyst, explained Friday. That means they dont need to chase supplies. That's letting cash fed cattle prices drift lower, which pressures fed cattle futures. read more

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