Live Cattle Futures Surge; Feeder Cattle Also Gain
Update: 2025-12-06
Description
Live cattle futures surged, with the December contract soaring by $11.57, while cash trade also showed strength, with northern prices ending at $225 and southern areas around $226.50. Feeder cattle futures also rose, with the January contract up $15.07. Investors reduced net long positions in both live and feeder cattle. Brazilian beef exports hit a record high, but wholesale boxed beef prices dropped.
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