LIVESTOCK-Sizzling cash cattle prices ignite rally in CME futures

(marketscreener.com) Chicago Mercantile Exchangelive cattle futures leapt to contract highs on Thursday as cashprices soared, stoking concerns about tightening U.S. supplies. Meatpackers had to be aggressive in the cash market, brokerssaid, after ranchers have reduced their herds due to high feedcosts and drought in the western U.S. ...https://www.marketscreener.com/news/latest/LIVESTOCK-Sizzling-cash-cattle-prices-ignite-rally-in-CME-futures--43448113/?utm_medium=RSS&utm_content=20230406