
U.S. livestock: More fund sales drop CME live cattle limit-down
Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby trading months closed down their three-cents-per-pound price limit on Friday, pressured by persistent fund liquidation as part of their yearly rebalancing of commodity allocations. Live cattle February and April closed at 160.6 cents and 159.425 cents, respectively (all figures US$). […]