Livestock Market: Red Day at the CME

Cattle futures stumble while hogs show mixed performance in early Chicago Mercantile Exchange trading! Live and feeder cattle contracts dipped, signaling trader caution, while hog contracts presented a mixed bag with steady market interest. Reduced open interest in both cattle and hogs hints at traders adjusting positions amidst evolving market dynamics. Will these trends hold as new supply, export, and demand data emerges? Hosted on Acast. See acast.com/privacy for more information.