Cattle fill part of the gap

Lower prices were noted for live cattle futures today. Today's lower pricing also helped fill 12 cents of yesterday's 25 cent wide gap on the February chart. Weekly beef export sales this morning were disappointing. There is also a little disappointment about the lack of Southern cash cattle sales after the North saw good wins. Feeder cattle futures pushed to new highs for this two-month long uptrend they are on based on lower corn.

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