The Hightower Report said, “The cattle market opened steady but closed weaker as the EU news of a suspension of beef imports from Brazil did not result in a stronger start. Today’s extension to the upside in feedgrains was a negative for the cattle market. Prices have had little direction over the past 4 sessions in live cattle and minimal rally power. The weak technical action suggests this may be a pause before the downtrend resumes as small rallies are finding sellers.”