GFM Network News

(Canada Beef Inc. photo)

U.S. livestock: CME live cattle rebound on cash, beef prices

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures halted a two-day slide on Friday, sparked by improved wholesale beef values and better-than-expected cash prices, said traders. They said buy stops and technical buying furthered live cattle market advances. CME livestock markets will be closed on Monday in observance of the Presidents Day holiday. […] Read more