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Tuesday, August 29, 2006

Cattle Keeps Mooovin' On Up!

Cattle keeps mooovin' on up! Live Cattle futures continue their stampede higher, as strong cash prices and bullish chart patterns keep the buyers coming. August Cattle and several back month contracts all posted contract highs yesterday. Traders are optimistic that beef exports will pick-up, forcing cash prices to catch-up and close the nearly $4 discount to October futures prices. Read More....