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"While feeders closed higher yesterday, live cattle finished near steady, but sharply weaker energies this morning and higher stocks should once again give the cattle market an opening boost,” the Hightower Report said. “The February cold storage report was released yesterday afternoon and leaned friendly as U.S. stocks of beef were down 3.3% from January and down 5.2% year-over-year. The February stocks were the lowest for the month in 12 years.”





