Live Cattle Futures Move Up

April live cattle is trading at 116.50, up 1.20 cents/lb. June live cattle is trading at 106.67, up 0.72 cents/lb Live cattle futures are trading choppy and near the session highs after showing a steady trade early on. Market chatter about the upcoming cattle on feed report and cash prices is making the rounds. The USDA monthly cattle of feed report is due out Friday at 3:00 p.m. ET. Trading is expected to remain choppy.
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