Live Cattle moves higher

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Thursday's USDA Cattle slaughter was 103,000 versus a year ago at 112,000. Live Cattle Futures traded mostly higher on Thursday extending Wednesday's gains. Market talk about Friday's USDA Cattle on Feed report was making the rounds. Chatter about better consumer demand brought some buyers in. April Live cattle at last check was trading at 157.95, up 1.37. June Live Cattle was trading at 150.15 up 1.65.
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