Firming trend for cattle
Driven by strong packer demand — although with some price variability — cattle prices firmed again last week. One trader told WBR that some plants are offering anywhere from US$ 4.70 to US$ 4.80 per kg carcass for the same type of steer. Exceptional deals have been reported at US$/kg 4.85 for special southern steers, but “those are not the norm,” another source said.
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