Live Cattle Down The Limit In Late Trading

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Live Cattle futures dropped sharply in late trading and are now down 3 points, the most allowed during a trading session. March Feeder Cattle is sharply lower at 215.82, down 4.50. February Live Cattle is offered at 162.90, down 3.00. Thursday's USDA estimated slaughter is 108,00 head versus 118,000 head last year.
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