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The Hightower Report said, “Cattle opened stronger yesterday on the feedgrain break, but strong trading volume pushed prices to a sharply higher close. The bullish part of yesterday's action was the fact cattle did not break much after the grains recovered from their sharp losses. Stock market strength was another friendly factor yesterday along with the lower dollar, although the dollar is recovering somewhat this morning.”
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Austin Schroeder at Barchart.com said, “Live cattle futures headed into the weekend with weakness on Friday, as contracts were down 45 cents t…
Austin Schroeder at Barchart.com said, “Live cattle futures closed with losses of 65 cents to $2.10 across the board. Open interest was down 1…
Boxed beef cutout values this afternoon were lower on Choice and lower on Select, the USDA said.
“The cattle complex finished modestly higher after a steady start this morning. October live cattle traded inside Friday’s range and trading v…
Boxed beef cutout values this afternoon were up on Choice and up on Select, USDA said.
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