Slumping beef demand weakens U.S. live cattle futures
Chicago Mercantile Exchange (CME) live cattle futures posted modest losses on Friday with lower wholesale beef prices, traders and analysts said. August live cattle closed down 0.075 cent per pound, to 121.85 cents. October ended at 126.075 cents, or 0.35 cent lower (all figures US$). The U.S. Department of Agriculture’s […]