Austin Schroeder at Barchart.com said “Live cattle futures closed out Wednesday on a high note, with contracts up $1.90 to $2.80 in the nearbys. Cash trade has been reported anywhere from $195 in the south early to more recent sales of $197. Northern action has been quiet.” This morning’s weekly export sales were under the average of the past month. However, the U.S. dollar has fallen sharply this week and hit a new 4-month low overnight.”
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