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“The U.S. dollar is modestly lower after the midterms and it is disappointing that the sharp strength in the stock market is not giving cattle better support, which may be signaling the market weakness could persist,” The Hightower Report said.
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Studies show January feeder cattle “trending lower at mid-range that could accelerate a price break if support levels are broken. The close be…
“The U.S. Interior Secretary signed an order to allow cattle grazing on public lands to control wildfire risk and create a rebound for the cat…
“Cash bids finally developed Thursday in the South and that supported a strong close We didn’t hear of any South trade, but bids were 226 in K…
Boxed beef cutout values this afternoon were lower on Choice and lower on Select, the USDA said.
“Midday cutout bounced back today. The current rally has extended or nearly two months and looks to be running into some profit-taking resista…
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