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“The dramatic slide and heavy long liquidation over the last two sessions in live cattle and feeders did not extend into today’s trade and August live cattle and feeders closed higher,” The Hightower Report said. “Cash prices were stronger than expected Thursday and bids in Kansas this morning were at 220, giving futures a reason to bounce.”
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The Hightower Report said, “The major news for the cattle complex was the USDA confirmation last night of New World screwworm detected in the …
The Hightower Report said, “The cattle market pulled back from early session strength but finished marginally higher despite a heavy selloff i…
“Choppy and volatile action in the hog market continued with July rallying sharply this morning and taking out Friday’s high, only to drop sha…
“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 …
Boxed beef cutout values this afternoon were up on Choice and up on Select, USDA said.
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