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Cattle markets continue to monitor consumer demand and screwworm news. “A strong start for the cattle complex this week as retail demand concerns eased after the Dow Jones made a new all-time high yesterday,” the Hightower Report said. “August live cattle took out last week’s high yesterday, but the June high at 245.22 is the next significant resistance.”
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Bloomberg said, “JBS NV is closing a beef plant in Pennsylvania, in the latest sign of pressures meatpackers are facing amid a severe US cattl…
The Hightower Report said, “A lower finish for live cattle and feeders on Friday. JBS announced the closure of 2 beef plants, one in Pennsylva…
“The June live cattle contract’s discount to cash continues to be a supportive factor for the nearby months. Screwworm cases have now reached …
The leader of the Texas & Southwestern Cattle Raisers Association urged ranchers to report suspected cases quickly and not panic as Texas …
“The cattle market traded both sides of unchanged but ended the session on a strong note and near the highs of the day,” The Hightower Report …
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