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CME live cattle futures peaked at a three-month high on Thursday before profit-taking pushed contracts near session lows. Analysts questioned beef demand given cheap poultry and pork, and hog futures fell after technical support breaks.
Doubts about beef demand against cheaper competing meats cap cattle price gains, and lower hog futures signal softer lean hog values for feed buyers.
country-guide.caTheopolis WatersDec 1, 2016Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
