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Cattle prices dredge lower

2015-12-12 03:00:00| Beef

Calves and yearlings traded mostly $5-$12 per cwt lower to start the week before trending $10-$20 lower with instances of $25-$30 lower, according to the Agricultural Marketing Service (AMS). Feeder cattle are caught in a bottleneck of lower fed cattle prices, sharply lower cattle futures and record supply of competing meats as the entire livestock complex continues to struggle with these issues, AMS analysts explain. read more

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