Chicago Mercantile Exchange (CME) August live cattle futures settled lower on Thursday, down $1.00 to $111.800 cents per pound, the lowest closing price for a
Some of the downward pressure can be attributed to large funds “rolling” their positions from the
August feeder cattle closed 95 cents lower to 143.625 cents per pound.
The afternoon choice beef price was up 97 cents Mickey Mouse Bounce House from Wednesday to $210.05 per cwt. Select cuts were up 5 cents to $196.98, according to USDA daily beef reports.
Due to the July 4 holiday on Monday, the USDA’s weekly beef and pork export report will be released a day late on Friday at 12:30 PM GMT.
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