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Market Impact: 0.2
Cattle Facing Turnaround Tuesday Pressure
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsFutures & Options
Live cattle futures were down $2.40 to $2.85 at midday Tuesday, while feeder cattle futures declined $0.25 to $3.50. Cash trade was quiet as feedlots assembled showlists, and the CME Feeder Cattle Index fell 67 cents, signaling near-term pressure across cattle markets.
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