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Cattle Market Continues Surge, But What About Prospects For Capital?

By the time most readers see this, they’ll be well aware of how the cattle market started 2014 on a very positive note. Fed cattle trade surged $4 higher in December’s final week of business, and cattle garnered a new all-time high, with the 5-Area Weekly Weighted Average jumping to $134+ (Figure 1). Better yet, the fed steer and heifer trade crossed $135 in the north...

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