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“The cattle complex closed modestly lower yesterday and tech weakness continues, despite the futures discount to cash,” the Hightower Report said. “Cash prices are expected to be lower this week, but there were no cash cattle trade reports yesterday or Monday, and the five-area, five-day weighted average for the week remains unchanged from last week at 257.07.”
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Cattle futures were strong early in the session yesterday but pulled back and closed mixed and near the lows of the last two weeks, the Highto…
“The weak futures action this week has lowered cash expectations, but trade has not been established yet,” The Hightower Report said. “August …
“Cattle continue to struggle after August tested three month lows this morning but prices bounced back to close well off the lows of the day. …
Bloomberg said, “Brazil’s largest pork exporter, cooperative Aurora, is expanding capacity as it bets on rising demand from Asia, underscoring…
“The cattle complex finished mixed yesterday after a lower start,” the Hightower Report said. “COT data showed managed money reduced their net…
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