CME Cattle Futures Rise as Corn Falls, Slaughter Recovers
CME cattle futures increased on Wednesday, supported by a sharp drop in corn futures which boosted feeder cattle futures. Slaughter levels are also recovering after recent disruptions linked to immigration crackdowns.
Chicago Mercantile Exchange cattle futures advanced on Wednesday as corn futures fell sharply, lifting feeder cattle contracts. Slaughtering also continued to recover after recent disruptions tied to an immigration crackdown, analysts said. Cattle futures have remained r…