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Market Overview

Live Cattle Little Lower

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June Live Cattle is trading at 151.60, down 0.92. August Cattle is trading at 149.80, down 1.00.

Chatter about the discount of futures to cash is making the rounds. Market talk about more cattle available this summer has led to a little selling. Chatter about demand issues due high retail prices has led to selling on rallies.

 

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Posted-In: cattleFutures Commodities Markets

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