CME cattle futures recover on technical trading

[ad_1] CHICAGO, May 16 (Reuters) – Chicago Mercantile Exchange live cattle and feeder cattle futures rebounded on Friday on short covering and technical trading after a selloff in the previous session, traders said. Cattle futures have also been underpinned by strong boxed beef prices and a tight cattle supply. Futures prices set all-time highs earlier…

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CME cattle futures higher on stabilizing stock market

[ad_1] CHICAGO, April 15 (Reuters) – Chicago Mercantile Exchange live and feeder cattle futures ended higher on Tuesday as relatively firm boxed beef prices and recovering equities markets provided support to prices, analysts said. CME June live cattle futures settled up 0.725 cent to end at 199.8 cents per pound and May feeder cattle futures…

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