Ted Seifried of Zaner Ag Hedge analyzes the latest movements in the live cattle market. Despite futures trading moderately lower in a technical correction, the cash market has surged to new all-time highs with negotiated fed cattle trading $10 higher. Seifried discusses the cooling of the RSI from overbought levels and the potential impact of high gasoline prices on consumer beef demand. The segment also reviews recent export sales data and the domestic focus of the cattle industry as it enters peak grilling season.