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CME live cattle futures rose to fresh contract highs on Wednesday, Feb 2, as firm cash cattle prices and rising slaughter supported the rally.
Firm cash prices and steady slaughter point to tight fed cattle supplies, supporting live cattle futures for feed buyers.
spotonnebraska.comFeb 2, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
