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“Traders are expecting a lower start to the cattle complex this morning after mostly bearish cattle on feed numbers on Friday afternoon,” the Hightower Report said. “Placements were 3% above the average guess, marketings were slightly lower than the estimate and on feed slightly higher. The report, combined with cash trade easing on Friday, may prompt some selling to start the week, however, the market did pull back in anticipation heading into the report.”
