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Bounce in Beef Prices

LIVESTOCK OUTLOOK

On the cash side packers are buying cattle this week $1.00 to $3.00 lower.   Feedlots are going to only receive what packers want to pay and those lots continuing to hold cattle aren’t going to move prices higher.

Thursday only 288 loads were sold on the daily pork market. It isn’t even a drop in the bucket of hogs moved.

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