
U.S. livestock: CME live cattle soars to 6-month high on cash price hopes
Chicago/Reuters – Chicago Mercantile Exchange live cattle futures on Thursday surged to a six-month high, fuelled by the recent rally in wholesale beef values and steady-to-firmer cash price expectations for unsold cattle, said traders. December live cattle, which will expire on Friday, closed 2.725 cents per pound higher at 118.700 […]