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Austin Schroeder at Barchart.com said, “Live cattle futures posted losses of $2.62 to $3.52 across the board at the close. Open interest suggested a rotation of ownership, up just 31 contracts. Cash trade has been quiet this week with a few sales reported by USDA at $224 live in the north and $350-365 dressed. The Wednesday morning Fed Cattle Exchange online auction showed no bids on the 2,636 head offered, with most reserve prices (asks) at $232.”





