
U.S. livestock: Supply growth worries sink CME live cattle
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures slumped on Thursday, with pressure from profit-taking partly fueled by increased supply expectations, traders said. April live cattle closed 1.425 cents/lb. lower at 116.15 cents, and June closed 1.075 cents lower at 106.725 cents (all figures US$). “I’m surprised at […]