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CME cattle and hog futures rose about 1% on Wednesday, following stronger US cash cattle and hog markets. February live cattle settled 1.65 cents higher at 111.95 cents/lb, and cattle gained 7.4% in November.
Firm cash markets and holiday wholesale demand support live cattle and hog prices, though retailers' holiday buying may soon taper.
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.