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Live Cattle Falls After Slaughter Figures Jump

CME live cattle futures are down 0.9% after cattle slaughters reached their third-largest weekly kill last week, totaling 548,000 head.

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9% in morning trade after cattle slaughters landed at their third-largest weekly kill last week. Cattle slaughters jumped 64,000 head to 548,000 head for the week, the largest since early January, AgResource said in a note.