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“Cash trade is anticipated to come in lower this week, but there were no cash cattle reports yesterday, and the five-area, five-day weighted average remains unchanged from the end of last week at 257.07,” the Hightower Report said. “August live cattle found support yesterday after briefly penetrating the 100-day moving average, as it has several times over the last four months. If the pattern remains similar to previous tests of the average, the market should see a rebound over the next few sessions.”





