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The Hightower Report said, “Live cattle prices finished modestly lower, with support coming from reports of cash trade in Kansas at 240 and bids in Texas at 238, while feeders were much weaker. Feeder weakness could simply be broad-based commodity selling spilling into the feeder market, which is small enough that even moderate selling volume can push prices sharply lower. On the other hand, we hear unconfirmed reports that sterile fly production in northern Mexico and along the border will be large enough to potentially allow the border to reopen early this spring on a gradual basis.”