Cattle futures on the Chicago Mercantile Trade made substantial positive factors on Wednesday, aided by a weaker United States greenback.
The August stay cattle contract gained US$2.600 per hundredweight and ended the day at US$212.350. The August feeder cattle contract rose by an analogous quantity, gaining US$2.650/cwt. to shut at US$303.875.
The US Division of Agriculture reported combined motion in alternative and choose containers. Alternative containers had been down US$0.28/cwt at US$365.16 and choose containers had been up US$0.20/cwt at US$356.72.
July lean hogs gained US$0.45 to shut Wednesday at US$105.025/cwt., however didn’t surpass the four-month excessive set on Tuesday at US$106.050.
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