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Austin Schroeder at Barchart.com said, “Live cattle futures were weaker on Tuesday, with contracts down 80 cents to $1.15 across the front months. Preliminary open interest was up 1,904 contracts. Much of this week’s early cash action has been compiling showlists. Last week was $240 across the country.” The Hightower Report said, “The cattle complex closed lower yesterday on weak cutout price and a reported case of bird flu in a dairy herd in Nebraska. Open interest on live cattle rose slightly more than 1,900 contracts and was up 671 on the feeders. Unpredictable volatility has been a theme in the cattle complex lately and that is likely to continue with historically high prices.





