Live Cattle Futures are trading lower in early trading Monday morning. April Live Cattle is trading at 151.92 down 0.35. June Live Cattle is trading at 144.02 down 0.50. Exports remain soft, imports are increasing. Market chatter that weather is a drag on demand, some are saying Midwest and East Coast restaurant demand for the weekend and was slow and the winter storms are not helping. Chatter is about wide ranges and choppy trading on Monday.
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