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“Cattle and feeder prices moved higher yesterday as packers are short bought coming into this week, and the Mexican border remains closed,” the Hightower Report said. “Cutout values have been very strong, and slaughter rates have been very light. December live cattle closed just under the contract highs. The path of least resistance right now still looks higher.”
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“A late-session rally in the cattle complex pushed prices up near the highs of the day at yesterday’s close,” the Hightower Report said. “In a…
“The June live cattle contract’s discount to cash continues to be a supportive factor for the nearby months. Screwworm cases have now reached …
“The cattle market traded both sides of unchanged but ended the session on a strong note and near the highs of the day,” The Hightower Report …
Bloomberg said, “JBS NV is closing a beef plant in Pennsylvania, in the latest sign of pressures meatpackers are facing amid a severe US cattl…
“Cattle turned sharply lower after a strong start yesterday on additional screwworm cases,” the Hightower Report said. “The total number of ca…
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