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“Strong technical action (in cattle) appears to be attracting new buying,” the Hightower Report said. “Slaughter last week did pick up from the prior week’s very low totals, but strong margins would suggest packers could have been more aggressive with spring demand arriving. The JBS strike is ongoing.”
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“Cattle finally ran into a round of profit-taking yesterday, and prices closed sharply weaker ahead of today’s cattle on feed report,” the Hig…
The Hightower Report said, “Live cattle closed slightly weaker yesterday, but feeders dropped nearly $4 as rumors flew the USDA had set a date…
“The cattle market opened higher yesterday, following the neutral cattle on feed report Friday, but finished weak and near the lows of the day…
Austin Schroeder at Barchart.com said, “USDA’s Cattle on Feed report from Friday showed March Placements down 7.67% from a year ago at 1.709 m…
According to a USDA press release, “Today, U.S. Secretary of Agriculture Brooke L. Rollins and Lieutenant General William H. “Butch” Graham, U…
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