Despite Labor Day weekend looming, cattle feeders and packers found little to no common ground early in the week. The failure to agree on a price pushed cattle trade to a late week occurrence which has become common place the past several months. Live cattle futures are hollering for lower prices, which is a welcome sound for packers. However, cattle feeders are holding firm because closeouts plunging deeper into the red is not acceptable. –Drovers CattleNetworkRead more…
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