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“A very strong early session rally before prices turned lower at midday but true to recent form, prices bounced back to close higher again. December live cattle stopped just short of contract highs from last week this morning and stochastics is showing bearish divergence,” The Hightower Report said. “The U.S. dollar hit a three-week low today, adding some support.”
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The Hightower Report said, “Live cattle closed slightly weaker yesterday, but feeders dropped nearly $4 as rumors flew the USDA had set a date…
“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…
ADM Investor Services said, "China has tightened border controls, fast-tracked vaccines and begun culling cattle after a small outbreak of foo…
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…
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