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Technical Action is Negative

LIVESTOCK OUTLOOK

Trade volume on all livestock commodities is exceptionally low.

Boxed beef was higher Monday. Sellers could set any price because it isn’t how they are selling most of the beef and definitely nowhere near the amount of beef that is being moved.   Prices shown are for beef sold now through 21 days out.

February Lean Hogs settled $2.15 over the CME Lean Hog Index.

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