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Market Impact: 0.2
Cattle Look to Thursday Following Wednesday Correction
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsDerivatives & Volatility
Live cattle futures declined $2.10 to $3.77 entering Wednesday's session. Open interest increased by 1,607 contracts, concentrated in December and February, while October open interest fell by 2,954 contracts. Weekly cash trade had not yet begun, although limited indications were near $224 for live cattle.
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