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Cattle Fade Lower on Turnaround Tuesday Weakness
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsMarket Technicals & Flows
Live cattle futures declined $1.42-$1.90 on Tuesday, while feeder cattle futures fell $2.80-$4.00. Cash cattle trading had not yet begun for the week, following prior-week sales of $222-$225, up $1-$6 versus the preceding week. The move signals near-term pressure in cattle futures despite firmer recent cash-market prices.
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