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“Live cattle were slightly weaker yesterday while feeders saw larger losses,” the Hightower Report said. “While cattle prices have not been influenced significantly by macro market action, this morning’s opening may be a different story with the Dow Jones index up more than 1,200 points, crude down $20 a barrel, and the U.S. dollar sharply weaker after gapping lower overnight. We expect these factors will result in a strong opening this morning.”





