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CattleFax Update

CattleFax Update - July 2, 2009

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Beef Prices Struggle to Move Higher

Rising costs, declining prices and an economy slipping into a recession were all factors that contributed to declining profitability for beef, pork and poultry producers in 2008. The result of this pressure on the pork and poultry industry is significantly smaller production levels forecast for 2009.

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