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SUPPLY TO CONTINUE PRESSURING #BEEF PRICES

#Cattle producers could face another challenging year as growing beef output continues to corral prices. According to Rich Nelson, director of research at Allendale Inc., beef expansion that began in 2013 is lowering prices now. “We’ve had a huge drop in prices since the 2014 record peak,” he said, adding that prices could bottom out this summer. (FarmWeekNow.com)

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