Beef Market Update: A Surprising Surge in Early 2014 US Cash Prices

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Um, what just happened?

Explosive. It’s the only way to describe beef cash prices out of the U.S. this January. Sure, yes, there was optimism about what 2014 would bring, but no one could have expected this giant jump in prices as the market resumed after the holidays.

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In this edition of the Beef Market Update, Anne Wasko, of Gateway Livestock, and RealAgriculture’s editor, Lyndsey Smith, discuss what’s behind these big numbers, if this is the big move the market anticipated to happen later in the year and what this means for cattle producers north of the 49th parallel.

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