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“Open interest continued to sink in live cattle across the nearby months and hit a new low for 2026,” the Hightower Report said. “Choppiness continues on the daily charts, but if last Friday’s low is taken out, the bears would have the decided edge. No cash cattle trade reports yesterday, but the USDA did insert a couple of very light trade in the north on Monday at 252 and 256, but volume was too light to gauge cash direction for the week.”
