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December live cattle closed unchanged on Thursday, October 22, 2026, after recovering from an early decline that tested the 20-day moving average. The transcript reports RSI at 67% and weekly beef export sales of 18,500 metric tons, down 7% from the prior week but 30% above the four-week average. The speaker views the technical recovery positively and highlights placements in the forthcoming Cattle on Feed Report as a key market focus. No trade proposal or earlier-trade update is supplied.