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Austin Schroeder at Barchart.com said, “Live cattle futures gave back some of last week’s strength on Friday, with contracts down $1.05 to $1.625 at the close. August was down just 47 cents last week. Friday’s open interest was up just 386 contracts. Cash trade finally picked up on Friday, to $255 across the country, with some picking up to $256 in the North.”
