Written Commentary
MORNING LIVESTOCK OUTLOOK
June Live Cattle went off the board Wednesday without much fanfare and settled at 122.50. August closed up $122.72.
With plenty of cattle over the next month into August, it is possible there will be markets similar to the past couple of weeks. There is need for high grading cattle but there are plenty of low grading cattle and depending on the price a feed , cattle going to market lighter than normal will be a regular occurrence.
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