Cattle futures closed lower on Thursday for the second consecutive session. Live Cattle futures closed an average of $1.51 lower, except for 25¢ higher in spot Jun, Feeder Cattle futures closed an average of $1.77 lower. Choice boxed beef cutout value was $15.07 lower Thursday afternoon at $450.92/cwt. Select was 16¢ higher at $437.40. [...]
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