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Cattle prices turned lower at midmorning on disappointing cash trade after a slightly stronger start and closed lower in live cattle and sharply lower in feeders, the Hightower Report said.
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Cattle prices turned lower at midmorning on disappointing cash trade after a slightly stronger start and closed lower in live cattle and sharply lower in feeders, the Hightower Report said.
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Lean hog futures were mixed, with front months rallying 50 cents to $1.70, as deferreds were down 7 to 30 cents, Austin Schroeder wrote for Barchart.
Cattle futures were strong early in the session yesterday but pulled back and closed mixed and near the lows of the last two weeks, the Highto…
“The cattle complex finished mixed yesterday after a lower start,” the Hightower Report said. “COT data showed managed money reduced their net…
“Cattle continue to struggle after August tested three month lows this morning but prices bounced back to close well off the lows of the day. …
“The weak futures action this week has lowered cash expectations, but trade has not been established yet,” The Hightower Report said. “August …
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