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The market this week was 3-6 lower due to the massive losses in futures due to the Holcomb packing plant catching on fire. The market is most likely going to be unstable and hard to figure out what it will be doing in upcoming weeks. This plant being out will be a issue for fat cattle prices but it could be compensated by other plants. The biggest problem we’ll be facing I feel will be the paper trading that can influence the futures market in big waves. The calves that were worked and weaned still had demand. The fleshy unworked calves and the plainer end was the ones taking the bigger hits in price. The stock cows 50 cheaper with most of them being short breds. The packer cows was steady. *We can work your cows and calves for you to help you maximize your profits when you sell your calves. I can’t stress the need for the calves to be worked and vaccinated. We sure don’t mind doing it for you. The $9 per head to work your calves is the cheapest money you can spend. Let us do the work for you and get you the most out of your calves. As always, we appreciate your business!
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| 08/16/19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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| #2’s and #3’s on Feeder steers and heifers will be 15-25 off of the #1’s | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Slaughter Bulls, Yield Grade # 1 & # 2, 1200-2050 lbs:75-95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Slaughter Cows, #1’s: 55-70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cutter: 40-50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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