A mixed day in grain and livestock.  Profit taking hit soybeans, meal (after new contract highs) and cotton, plus rising China tensions.  Corn was slightly higher but is stuck in a trading range, while wheat was mixed but holding support.  Live cattle made new contract highs again with higher cutouts and cash with some reports of $159-$160.  Hogs weighed on by China news and the futures premium to the LHI.  Alan Brugler of Brugler Marketing has details. 

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