At the Chicago Mercantile Exchange, live and feeder cattle were down sharply on profit-taking, the midday drop in boxed beef, and ahead of Friday’s Cattle Inventory report. February live cattle closed $2.55 lower at $204.47 and April live cattle closed $3.45 lower at $201.50.  March feeder cattle closed $2.07 lower at $273.20 and April feeder […]

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