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Beresford, SD | The balloon popped and the spring push is over.....Board and cash had to come together and the highs are printed until the fall run up on fats. Packer placed a blow off top last week in cash (a week after the top in wholesale beef...Typical) and now have plenty contract cattle to work the market lower for the next 3-4 months. I believe the majors will just be very quiet in the cash this week letting the board drift lower. This is my OPINION and I've been wrong many times. | |
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Cattle market
