Perishable Pundit
  Home | About | Archives | Sponsorship | Contact Us | Submit / Suggest
  Meat & Poultry rss  
   Cattle Rally On Higher Cash, Beef Prices
by Karl Plume, Reuters
Posted: Thursday, January 4, 2018 at 3:57PM EST

CHICAGO - Chicago Mercantile Exchange live cattle futures rallied about 1.5 percent on Tuesday on fund buying and stronger cash cattle and beef prices, traders said.

Frigid temperatures in U.S. Plains cattle producing areas also supported futures as such weather could slow down cattle weight gains, making them less available to packers.

Actively traded February live cattle settled 1.800 cents per pound higher at 123.350 cents, ending near its session high and at its loftiest level since Dec. 1.

To read the rest of the story, please go to: Reuters

print article
Print Article
send article
Send Article
Share Article
Share Article

Bakery Dairy Deli Floral  Meat & Poultry Produce Seafood Retail & Foodsvc
 Lowe Refrigeration  Magic Seasonings Original Magic  Chicken of the  sea  Deli Business  Produce business UK Newsletter  

mail to friend

Got News? Send your latest press releases and announcements to