Austin Schroeder at Barchart.com said, “Live cattle futures rallied on Wednesday, supported by some stronger outside equity factors. Contracts were up $1.30 to $1.85 at the close. Preliminary open interest suggested net new buying, up 3,249 contracts. Cash trade has been quiet so far this week, with a few $213 sales reported across the country on Wednesday.” The Hightower Report said, “The Dow Jones is modestly weaker this morning, which could offer some light profit-taking on the opening for the cattle market.”