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U.S. livestock: Cattle drop sharply, hogs mixed

Chicago cattle futures fell on Tuesday on a hefty technical correction. “I think that’s what we’re seeing now. A correction,” wrote analyst Jefferson Fosse with Walsh Trading. Most-active October live cattle contracts closed at 230.175 cents a pound, down 5.625 cents. December contracts closed down 6.400 cents to 231.175 cents per pound. The market has […] Read more