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Is The Cattle Market Nearing Its Top?

While the cattle market hasn’t topped, analysts say it may be in view, distantly.

“Near perfect” is how analysts with the Livestock Marketing Information Service (LMIC) in Denver describe the supply-and-demand circumstances that came together in the first half of the year to create record-high cattle prices.

In fact, LMIC says that, for the first half of the year, fed cattle prices averaged 17.5% higher than the first half of 2013, while feeder and calf price increases were even more d

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TAGS: Marketing
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