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The Hightower Report said, “Slightly weaker across the cattle complex yesterday after reports of additional cash trade at mostly steady with last week. Packers have made an effort this week to buy cattle earlier in the week rather than waiting for Friday. June live cattle closed lower for the sixth straight session yesterday and speculative longs may be getting uncomfortable. Weekly exports this morning came in slightly above the average of the past month and foot and mouth disease in China could increase U.S. exports.”
