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Turning Tide
Victoria G. Myers Progressive Farmer Senior Editor
Mon Feb 10, 2014 10:44 AM CST

NASHVILLE, Tenn. (DTN) -- Moods were high at this year's meeting of the National Cattlemen's Beef Association in Nashville, Tenn. Record prices marked a golden moment for producers. The good times seemed overdue in the wake of drought, record-high feed costs, floods and snowstorms.

Setting the stage for a good week were feeder prices, which topped $142 per hundredweight (5-area average) prior to the start of the meeting. That's more than $18 per cwt above year-ago figures.

Looking for guidance on where the 2014 market might go, producers crowded into a standing-room-only presentation from CattleFax analysts who laid out a ...

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