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| Started the day getting bid 2.80 in the meat Friday.
At noon was bid 1.80 live or 2.85 in meat by a major that was 2$ freight away.
Shortly thereafter was bid 2.85 in the meat from a packer 1$ freight away and took it.
Day ended with meat bids at 2.87 and 1.82 live.
Win some lose some.
Funds continue to add long positions on futures.
This market has a feeling we’re going vertical. | |
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Cash cattle on fire
