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Feeder Cattle Falls

Feeder Cattle futures fell sharply as beef prices declined

ESSPY

Feeder Cattle futures faced significant downward pressure today, dropping nearly $9 from the weekly high. 50. Live Cattle futures also finished lower, remaining bound to the lower end of their recent sideways channel as prices stalled at key resistance levels. Conversely, Lean Hog futures caught a bid and finished the week firm.

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