End Users Think This Lower Priced Beef Is A Deal

A second day of gains were noted for live cattle futures. We have recovered most of those losses posted on Thursday and Friday. Bids in the North were reported today at $138. Last week's trade in those areas was $140/$141. The trade will be eager to see some resistance for a week or two show up among cattle feeders. $220 was the bid dressed vs. last week's $224/$225 trade. End user interest at these lower beef price is picking up.

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