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CME Cattle Futures Rise Amid Seasonal Factors
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CME Cattle Futures Drop on Technical Tra...
CME Cattle Futures Hit New Lows
CME Cattle Futures Steady Amidst Market ...
CME Cattle Futures Plummet
CME Cattle Futures Rebound
CME Cattle Futures Rebound from Lows
Overview
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CME cattle futures increased due to expected seasonally stronger cash prices and forecasted colder weather in the Plains. The U.S. Department of Agriculture reported a larger-than-expected domestic herd, impacting lean hog prices. Cash cattle trade on Friday was $171, down $1 from the prior week, while select cuts were priced down 45 cents at $260.70 per cwt.
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How do weather conditions in the Plains influence the demand and supply of livestock, and what are the potential long-term implications?
How might the seasonal factors influencing CME cattle futures impact the overall livestock market?
What strategies could livestock farmers employ to mitigate the impact of seasonal factors on their prices?
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