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Cattle Processing News

03/12/2010 08:32AM

Packer bids of $91 in the central and southern plains are not garnering much interest. Kansas through Texas feedlots are asking $94 and $95. Given the fact wholesale beef has wallowed around this week, we see no reason to expect anything but steady at $92 action.

03/12/2010 08:31AM

Pit-traded lean hogs at the Chicago Mercantile Exchange could begin Friday's session mixed as traders square positions before the weekend and clean up leftover Goldman roll business.

03/12/2010 08:24AM

Feeder cattle futures closed mostly higher on Thursday, with strength stemming from lower corn values. Open interest was higher on the rally, signaling more new buying in the market.

03/12/2010 08:19AM

Market analysts and brokers Friday said they expected a moderate fed cattle trade that will fill plant slaughter schedules for next week.

03/12/2010 08:07AM

WA_LS700       Washington DC         Fri     Mar 12, 2010            USDA Market News MORNING LIVESTOCK