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Economic outlook improves for cattle feeders

2016-02-27 03:07:00| Beef

Declining premiums of feeder cattle to fed cattle promise to boost cattle feeding returns say analysts with the Livestock marketing Information Center (LMIC). Using recent prices for steers weighing 700-800 pounds, LMIC estimates breakeven prices for steer marketed in the coming months to be less than $130 per cwt, the least since October of 2014. read more

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