Packers took advantage of the sharp swings in live cattle future prices to secure this week’s slaughter needs at steady to softer prices. Cattle traded at US$ 232 in Texas and Kansas, US$ 3-4 lower, while northern cattle sold for US$ 230 live and US$ 360 dressed, steady with the previous week. A few sales in Iowa occurred at US$ 228, with many of those northern cattle moving south, where supplies are the tightest.
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