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U.S. live cattle and beef trade has increased substantially since the mid-1980s. Total beef imports (cattle and beef, dressed weight) increased from 2.51 billion pounds in 1985 to 3.89 billion pounds in 1998. Total beef exports (cattle and beef, dressed weight) increased from 0.42 billion pounds...
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The performance of the grain transportation industry, historically low real grain prices, and decreasing government support for grain prices have renewed interest in local grain prices and shipping costs. An understanding of the relationship between local cash prices and futures prices is an...
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