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July 6th, 2006: Markets are still very slack with the possible exception of SMP which seems to be finding some legs. USA SMP is now 3-4 cents/lb higher than late spring offerings. SMP though is still being sold to the CCC ..... Butterfat is still very sluggish    |
 SMP seems to only be still tight in the EU, where beef sales are making a comeback in view of the Avian Flu, and as a reult veal feeders are the big customers. Butterfat is a "dog" just about everywhere |
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