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Austin Schroeder at Barchart.com said, “Live cattle futures posted $1.25 to $1.50 gains across the front months at the Thursday close. A few Southern sales have been reported at $239-240 this week, with Northern dressed sales at $370, down $5-8 wk/wk.” The Hightower Report, “This week’s Fed rate cut was seen as a positive and has pushed the Dow to new all-time highs this week. The latest Cattle on Feed will be out this afternoon along with Commitments of Traders data.”
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