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Austin Schroeder at Barchart.com said, “Live cattle futures continued the liquidation, with contracts down $3.02 to $4.10 across the board. Futures hit fresh 2026 lows on the day. Open interest was up 1,893 contracts, implying new selling interest. Cash trade saw a few $230-232 sales on Wednesday, though there has not been enough to establish a trend.”
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Boxed beef cutout values this afternoon were up on Choice and up on Select, USDA said.
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