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Ranchers.net

Today's beef outlook 12-6

By Jim Cote; Dow Jones Newswires



Cattle Fundamentals



The USDA's composite value for choice beef Monday was up $1.28 at $151.95

while select was up $2.05 at $142.30. The volume of sales for fabricated loads

was about 172, while the load count for trimmings and coarse grinds was 129.



The beef packer profit margin was a minus $17.00 per head.



The CME feeder index fell 42 points to 116.44 Monday.



(Note: The operating margin index is not intended as an exact profit/loss

statement for packers, but as an indication of the general health of the

industry. The index was calculated by www.HedgersEdge.com.)
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