“Retail buying ahead of Labor Day has passed, so boxed beef prices dropped,” Austin Schroeder, analyst at Bruegler Marketing, said. Most-active CME October live cattle LCV24 closed down 0.725-cent at ...
Chicago | Reuters—Chicago Mercantile Exchange live cattle futures firmed for a second straight day on Wednesday as rising beef prices and strong packer demand ... futures FCQ24 closed 0.200 cent ...
Whatever we learn about inflation this week, one thing we do know is that beef prices have been going up. Cattle futures rose almost 10% between the end of August and the end of October.