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Reuters’ Ana Mano and Peter Hobson reported last week that “Brazil surpassed the U.S. as the world’s top beef producer last year, according to market estimates, after the South American country beat output forecasts by hundreds of thousands of tons, easing a global supply squeeze, and helping limit a surge in meat prices.”
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“December hogs traded lower again, hitting another new contract low today after Friday’s trade remained inside the range of Thursday. Monthly …
Austin Schroeder at Barchart.com said, “Live cattle futures posted strength on Wednesday, with contracts up 77 cents to $1.07 at the close, wi…
“Live cattle futures posted strength on Wednesday, with contracts up 77 cents to $1.07 at the close, with some contracts more than $1 off the …
“Strong closes across the cattle complex yesterday as prices made new 3-month highs on live cattle,” the Hightower Report said. “Cash expectat…
“Cattle closed near steady on the nearby months yesterday but higher in the deferred after a strong start on the bullish cattle on feed placem…
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