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Market Impact: 0.22
Cattle Falling Back on Wednesday
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsFutures & OptionsMarket Technicals & Flows
Live cattle futures fell $1.25 to $2.15 on Wednesday despite short covering, as open interest declined by 5,633 contracts. Cash cattle trading had not started for the week, while the Fed Cattle Exchange recorded no sales from 952 head offered; live bids were reported at $220.
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