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CME cattle futures slip as traders await cash prices and demand

Live cattle and feeder cattle futures fell on Tuesday as traders awaited indications of this week’s cash prices and U.S. beef consumer demand, after Monday’s rally, analysts said.

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Live cattle and feeder cattle futures slipped on the Chicago Mercantile Exchange on Tuesday as traders waited to see how strong cash prices and consumer demand for U.S. beef will be this week, analysts said. The markets pulled back after surging on Monday because the U.S. Department…

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