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Cattle futures fall after livestock movement restrictions lift

CME live and feeder cattle futures turned lower Tuesday as traders digested the lifting of livestock movement restrictions in some areas of Texas and New Mexico.

LEFCPO

By Heather SchlitzChicago Mercantile Exchange live and feeder cattle futures turned lower on Tuesday as market players digested the lifting of livestock movement restrictions in some areas of Texas and New Mexico.The cattle market is continuing to price in a slew of bearish news in recent weeks.

Th…