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The Hightower Report said, “The cattle complex has extended this week’s gains today with feeders leading the way again, despite a rally in grains. The jump in screwworm cases this month is adding upside pressure on feeders. This morning’s break in December live cattle took out yesterday’s low for the first time in the past four sessions but then rallied to a new high for the week, approaching 50% retracement resistance at 221.85.”
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In weighted average negotiated prices for barrows and gilts, the USDA reported:
The Hightower Report said, “The hog finished unchanged on Friday following Thursday’s contract low close. National cash prices were up nearly …
Bloomberg said, “The US Department of Agriculture said it won’t halt shipments of Mexican cattle through ports in New Mexico and Arizona even …
The Hightower Report said, “December hogs continued to sink like a stone again today, hitting another new low contract low following yesterday…
Austin Schroeder at Barchart.com said, “Live cattle futures caught some strength on Friday, with contracts up $1.10 to $1.65 at the close. Dec…
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