Cattle futures under pressure as boxed beef drops

At the Chicago Mercantile Exchange, live and feeder cattle were pressured by technical selling and the sharply lower move in boxed beef.  June live cattle closed $3.42 lower at $250.05 and August live cattle closed $3.00 lower at $245.90.  August feeder cattle closed $6.87 lower at $366.17 and September feeder cattle closed $6.65 lower at […]

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