U.S. Livestock Futures Rise as Meat Production Grows
U.S. live cattle futures rose on Monday, after plunging to their lowest price in more than a month last week, amid signs of meat production increasing - even as cash market prices continue to strain livestock producers' profits.
Chicago Mercantile Exchange August live cattle rose 0.675 cents to 96.000 cents. August feeder cattle futures ended 0.075 cents up at 131.175 cents per pound.
In the pork market, CME July lean hog futures, the most actively traded contract, rose...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.