Cattle Futures Surge, Producers See Positive Trend

Cattle futures surge, live cattle up $4-$6, feeder cattle futures gain $8-$25, managed money boosts net long position by 7,740 contracts, speculators trim net long position in feeder cattle, mixed wholesale boxed beef prices, estimated federally inspected cattle slaughter up by 8,000 head, market closed for Thanksgiving, reopening Friday with early close.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.