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In the Cattle Markets: Beef Market Rollercoaster
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In the Cattle Markets: Beef Market Rollercoaster
LAKEWOOD, Colo. — The wholesale beef market, as measured by the Choice boxed beef cutout value, has been on a rollercoaster ride over the course of this year, as is often the case. Reduced beef production and the calendar rolling closer to grilling season buying are working together to boost prices. Weekly beef production has been down anywhere from 5 to over 10 percent compared to the same week last year. Buying kicked over the last few weeks …
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