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Market Impact: 0.22

Cattle Fading Back Lower on Friday

Source: Nasdaq

Commodity FuturesCommodities & Raw Materials

Live cattle futures were down $0.45 to $1.50 at midday as October options expired. USDA-reported cash trade included northern dressed sales of $348-$350 and live sales of $220-$222, while southern bids were reported at $226. The price decline indicates modest near-term pressure in the cattle market.

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