Midday Livestock Comments

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No surprise here as the market faded Friday's report. June has fallen off of the highs set early on with light volume. The feature so far has been the unwinding of bear spreads and some light cash connected selling.CLOSE. Trade is quiet for the most part as we await some cash news. Midday cut-outs are mixed on light volume. The focus is also on what beef demand will be like in the face of large supplies. The calf in Demark tested negative for Foot & Mouth, but new cases are still cropping up in other countries.

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