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Livestock futures rise at CME as grain feedstocks ease

CME livestock futures are higher, supported by sharply lower grain futures, according to the Hightower Report. Traders are watching whether the uptick can hold for the rest of the session given intraday selling on rallies.

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Livestock futures on the CME rise, with sharply lower grain futures providing support, says the Hightower Report in a note.

However, it's whether the higher start can last the rest of the session that analysts are looking for. "The recent trend of selling on intraday rallies is a headwind and if th…