Live Cattle Sharply Lower

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April Live Cattle is trading at 154.10, down 1.50. June Live Cattle is trading at 144.92, down 1.70. Market chatter of increased protein competition for domestic use continues to bring sellers in. Talk that poultry exports represent near 18 percent of total U.S. production has led to some concern about consumers switching to lower priced meat for consumption. Trading is weak.
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