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Live cattle futures fall for third straight session ahead of USDA

CME October live cattle futures fell for a third straight session on technical selling as traders positioned ahead of a monthly government feedlot report.

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Chicago Mercantile Exchange live cattle futures fell on Thursday for a third straight session, pressured by technical selling, softer packer margins and positioning ahead of a monthly government feedlot report due on Friday. CME October live cattle futures CME:LE1! 800 cents at 215.