date:Jan 21, 2013
bubble in supply weighed on prices. Even though near-term supply has increased the US cattle inventory is still the lowest its been in decades. Cattle feeders contacted Monday said the $64 question was should they hold cattle to heavier weights until February when seasonal demand is usually lower or should the sell the lighter cattle now on higher feed prices. Tight packer margins provided little incentive to increase cash bids with cash prices steady-to-$0.50/cwt higher. Monday afternoon USDA p