Cattle futures settle with limit gains

Cattle country was typically quiet on Monday afternoon following the distribution of the new show lists. While many producers and traders assumed the pre-Christmas cash market would have a tough time holding steady, expectations have suddenly improved thanks to the limit surge in nearby live futures. Swings in market psychology can quickly come and go. Yet for the moment feedlot managers are more optimistic about late year cash prospects. Some show lists are priced around 122.00 to 123.00 in

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