
As boxed beef prices show some signs of pushback from consumers, it's likely packers will try to whittle down prices this week or begin to pull away from the cash cattle market as they rely on deferred purchases.
As boxed beef prices show some signs of pushback from consumers, it's likely packers will try to whittle down prices this week or begin to pull away from the cash cattle market as they rely on deferred purchases.
Packers sit with a plethora of cattle in their arsenal. In just the last two weeks, they've added 246,000 head from the cash cattle market.
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