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| Cattle & Hogs Drop on Signs of Weaker Demand for US Meat Posted: 04 Apr 2013 05:21 PM PDT Cattle fell on signs of weakening demand-for US beef. Hog also deteriorated. The US Department of Agriculture reported that US exporters sold 10,508 metric tons of beef last week. This is a 39 percent drop from a week ago. The global market sentiment was not supportive as traders cautiously wait for US non-farm payrolls that will be released today. Yesterday’s data showed that unemployment claims [...] |
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