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Austin Schroeder at Barchart.com said, “Live cattle futures closed mixed on Wednesday, with front months rallying with cash. April, which expires on Thursday was up $4.20, with other contracts down 25 cents to $1.75 higher. Open interest was up 3,401 contracts. Cash trade got kicked off early again this week, starting at $250-252 across the country and working up to $256-257 on Wednesday. The Fed cattle exchange online auction showed sales on 517 of the 1,036 head offered, at $256-258, with one dressed lot at $404.”
