CME January 2019 feeder cattle, with 20-day moving average. (Barchart)

U.S. livestock: Cattle futures rally after bullish USDA data

Chicago | Reuters — Chicago Mercantile Exchange cattle futures were higher on Wednesday, extending earlier small gains after government supply reports showed fewer-than-expected U.S. cattle supplies, traders said. U.S. Department of Agriculture monthly Cattle on Feed data showed 11.692 million cattle in U.S. feedlots as of Nov. 1. That figure was three per cent higher […] Read more