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Cattle Market Weekly Audio Report for Saturday, Nov. 29, 2014

2014-11-29 04:49:00| Beef

Although cash calf and feeder markets were only partially tested during the holiday week, calves and yearlings traded steady to $5/cwt. higher in early-week auctions. Feeder-cattle futures extended losses as feed lot margins remain under pressure, according to John Otte, Penton market analysts explained on Wednesday. Although feed grain prices have fallen to the lowest levels in years, feeder-cattle costs have climbed higher than the ascent in live fed cattle prices, sparking concerns about demand for light-weight animals. Audio File:  FINAL-11-29-14.mp3 read more

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