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News 2026-10-06 22:31 UTC

Cattle futures rally on technical buying, higher beef prices

CME cattle futures rallied on Tuesday on rising wholesale beef prices and as chart-based buying lifted prices out of a recent narrow range. Wholesale beef prices jumped sharply on Monday and again at midday on Tuesday. Actively traded CME December live cattle jumped 4.125 cents to settle at a three-week high of 224.100