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LIVESTOCK MARKETS: Feeder cattle price volatility on the increase

Fewer cattle imported from Mexico and Canada in March.

The cattle markets have been on a rampage over the last few weeks, with October feeder cattle futures at one point nearly hitting $160/cwt. during intraday trading. According to Mississippi State University agricultural economist Brian Williams, this is way up from late March, when prices were hovering around the $130/cwt. mark., but with the run-up in prices, he said volatility has also increased substantially.

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