Cattle are higher early continuing to recover with the stock market but how much can cattle recover after the technical damage done on the charts?  Scott Varilek, Kooima Kooima Varilek, says demand is still holding together so it may be a function of the cash market.  Hogs continue to chop and are lower today with lower cutouts.  Corn and soybeans continue to see selling pressure with new lows in soybeans on higher yield expectations in the upcoming WASDE and no confirmation of China soybean business.   

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