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Austin Schroeder at Barchart.com said, “Live cattle futures fell back $1.47 to $2.05 across most contracts on Wednesday, ignoring the stronger beef. Open interest suggested new selling interest, up a modest 1,884 contracts. Cash trade has picked up a few at $355-360. The Wednesday morning Fed Cattle Exchange online auction showed no sales on the 1,520 head offered, and a single $225 bid.”





