Austin Schroeder at Barchart.com said, “Live cattle futures settled the Tuesday session with contract mixed, down 40 to 17 cents higher. Cash trade has been quiet and mostly compiling showlists on Monday. Last week was mostly steady, with light dressed trade at $384-386 in the North and live action at $243-245. Southern sales were picked up at $235-237.” The Hightower Report said, “Strong cutout prices since the first of the month are one factor driving the rally. Technically the charts do not show any top formation.”
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