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SDSU prof: Cattle feeding margins move into black

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BROOKINGS (AP) — A South Dakota State University adjunct economics professor says cattle feeding margins moved back into the black in the first quarter of 2014 after nearly three years of deep losses.

Darrell Mark says last fall's record-large 13.925 billion bushel corn crop drove prices down and helped restore profitability and optimism to the cattle feeding sector.

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