Chicago Mercantile Exchange live cattle futures closed higher on Friday as consumer demand for beef remains high and as U.S. cattle herds continue to undergo a period of contraction, traders said.
U.S. livestock: Live cattle futures continue rally on steady demand
U.S. livestock: Live cattle end mixed, hogs rise on strong pork exports
Chicago Mercantile Exchange live cattle futures ended mixed on Friday as wholesale beef price firmed and packer margins improved, but traders remain concerned that cash market values may be near a seasonal peak, analysts said.
U.S. grains: Wheat marks biggest weekly loss in nearly a year as Turkey bans imports
Chicago wheat futures Wv1 fell for an eighth day on Friday for their lowest close in a month after Turkey said it would halt wheat imports in a blow to the global demand outlook.
Cyber-Savvy Farmer
