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Live cattle futures dip 0.4% to just above $2.13/lb

CME live cattle futures are lower to start the month, with the most-active contract down 0.4% to just above $2.13 a pound.

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Live cattle futures on the CME are starting the month on the decline, with the most-active contract falling 0.4% to just above $2.13 a pound.

Cattle continues to be under pressure as initiatives from the government to spark lower retail prices for ground beef and other beef products is making its p…