Austin Schroeder at Barchart.com said “Live cattle futures settle the Tuesday session with contracts steady to 50 cents lower in most contracts. Cash trade has yet to kick off this week. Last week’s action was reported at $200-201 in the South and sales of $202 and a few up to $205 in the North. Feeder cattle futures posted slight 15 to 30 cent gains on Tuesday, with nearby January chasing cash up $2.25.”
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