Live cattle futures saw strength of 67 cents to $1.00 to close out Friday, as August was up $2.92 last week. Cash activity settled in at $230-231 in the South last week, with $240-242 in the North.
Despite the cattle inventory plummeting to the lowest level in 73 years, the number of cattle on feed remains surprisingly strong. The average all-fresh retail price for beef hit record highs in six ...
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