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Live cattle futures bulls were flexing some muscles on Monday, with the market settling $1.75 to $2.80 higher. Monday was FND (first notice day) for June cattle deliveries. Barchart.com says there were none, with the oldest long in line dated August 2023. Cash trade activity mostly consisted of collecting show lists. Feeder cattle futures had the afterburners or some boosters going, gaining $3.65 to $3.87 for the day.
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