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“The cattle complex was sharply lower again yesterday, led by feeder weakness as the New Mexico border crossing is set to reopen next week,” the Hightower Report said. “Another screwworm infection in a horse in southwest New Mexico for the second time this week did not offer any support yesterday and at this time is not expected to jeopardize next week’s reopening.”
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“This week’s rally in the U.S. dollar is adding additional pressure, and the lean hog index continues to slip lower,” the Hightower Report sai…
In weighted average negotiated prices for barrows and gilts, the USDA reported:
Bloomberg said, “Ground beef prices edged higher in August, signaling little progress in the Trump administration’s offensive against the reco…
“The cattle market continued higher with another day of sharp gains yesterday, and open interest increased nearly 3,500 contracts in live catt…
“Open interest fell over 7,400 contracts in October, but rose nearly 13,500 in the December contract,” the Hightower Report said. “Cash hogs w…
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