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“This afternoon’s cattle on feed report is expected to show on feed at 99.3%, placements 100.3% and marketings 92.4%,” the Hightower Report said. “Weekly export sales were very poor and well below the average of the last month, and the recent U.S. dollar rally is having an effect on beef exports. We’ve not heard of any change in the JBS strike, and feeder auction markets this week have been higher.”





