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NS Canada | I think its a combo of the packers and feeders wanting it down, and the cow man thinking its gonna come down soon. All this anticipation for it to drop, causes panic and stories to start about how its coming down - and down it starts.. Then the realization sets in that the meat it still needed, the numbers still aren't there yet and prices have to be paid for it.. atleast for now, but next week it will probably drop... it has to.. right?
..and repeat. | |
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Cattle market.
