At the Chicago Mercantile Exchange, live and feeder cattle futures were sharply lower on the midday drop in boxed beef, with traders waiting for widespread direct business. August live was down $1.40 at $245.82 and October was $1.42 lower at $239.20. August feeders were $3.45 lower at $369.85 and September was down $3.70 at $367.67. […]
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