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record-breaking cattle bids

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    record-breaking cattle bids

    North American fed cattle bids have been on a record-breaking roll over the past three weeks. Texas/Kansas cash cattle traded $139 - $140/cwt on Friday, up $7 to $8 in les than a month.

    Alberta dressed bids heard as high as $2.27/lb last week. Live bids are up more than $15/cwt over the past year.

    Higher beef prices at the counter should this bull market hold up. Poultry is apt to gain market share (IMO).
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