Cattle futures sharply lower pressured by fund liquidation

At the Chicago Mercantile Exchange, live and feeder cattle were sharply lower, pressured by fund liquidation and the recent trend in wholesale beef. August live cattle was down $2.85 at $219.35 and October was $2.92 lower at $216.77. August feeders were $5.85 lower and September was down $5.82 at $319.57. Direct cash cattle trade was […]

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