U.S. Livestock Futures Rise/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.
(Wednesday, 17 June 2020 - Foodmarket)
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