Estimates for Today’s Cattle on Feed & Forthcoming Tendencies

As I write this we are moments from the close of the LC and FC regular trading hours, and it surely seems that we are going to post yet another solid day for beef livestock markets - at least without much of a sell-off. The Daily Direct Regional report from the USDA is showing thru the afternoon report that negotiated deals are still at a standstill. We'll see if there's some late-day trade that occurs, perhaps up towards 90.50 to 91.00 like many expect.
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