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CME Cattle Futures Rebound from Lows
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CME Cattle Futures Drop on Technical Tra...
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CME Cattle Futures Rebound
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Overview
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CME cattle futures rebound from lows due to short-covering and a discount to cash prices, while also benefiting from a steep decline in the cash market. Feeder cattle futures surged by the daily trading limit, and CME lean hog futures also rallied.
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How might the rebound in CME cattle futures impact the overall livestock market?
What factors could contribute to the steep decline in the cash market prices for cattle?
What strategies might investors employ to capitalize on the rally in CME cattle and hog futures?
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