The cattle market continues to be characterized by limited supply, although processors have become somewhat more selective in their purchasing. According to sources consulted by World Beef Report (WBR), the plants that had been leading the market with the highest prices in recent weeks have now secured cattle for a longer period, while some major groups have reduced slaughter activity and extended bookings. In addition, several processors are relying on feedlot cattle, leaving less room for grass-fed animals.
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