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Labor Day holiday drives volume lower as prices tread water

Traffic at test barns were lower because of the holiday weekend and prices treaded water, staying on either side of steady.

The feeder cattle market saw a typical holiday week with only half of the feeder cattle numbers than the previous week as many auctions were shut down for Labor Day and those auctions open had smaller numbers. The prices were either side of steady from $1 lower to $3 higher on the yearling steers and heifers over 700 lbs., which had a decent test.

The slaughter cow numbers at the test auctions were also smaller due to the holiday week and prices continued to slip lower, which is normal this time of the year. Prices were steady to $2 lower.

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