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Austin Schroeder at Barchart.com said, “Both live ($10.75) and feeder ($13.75) futures will have expanded limits on Thursday due to Wednesday’s limit losses. Live cattle futures fell the $7.25 limit on Wednesday as longs continue to flood the exits. The Central Stockyards Fed Cattle online auction showed no sales on the 1,228 head offered, with bids at $228-230.50. Outside of that, Northern sales were reported at 230-230.50, with $232 Southern sales.”
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