Live Cattle little higher

Live Cattle futures are trading a little higher Friday morning after Thursday's decline. June Live Cattle is trading at 150.15, up 0.45. August Cattle is trading at 148.52, up 0.42. Demand concerns continue to bring sellers in on rallies, some chatter that slaughter numbers will be higher over the next few weeks is making the rounds. The USDA reported on Thursday that Weekly U.S. beef export sales were 20,000 tonnes, the yearly exports are down 13.8% from last year. Firm cash is supportive.
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