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Cattle Prices Lower

MORNING LIVESTOCK OUTLOOK

It doesn’t look like packers are going to meet the $115 to $116 asked by feedlots this week. Wednesday packers started out at $112 and didn’t buy but a handful at auctions up to $113.75 and a group in Texas selling around 700 head for $113.22.

Pork carcass down 87 but both loins and hams were down. Picnics, ribs and bellies higher. Movement was light with just 321 loads moved.

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