CME live cattle futures rise for first session in 12


By Reuters News Service, The Western Producer, August 30, 2016 

CHICAGO, Aug 30 (Reuters) – Chicago Mercantile Exchange live cattle contracts on Tuesday closed in positive territory for the first time in 12 sessions, helped by short-covering and futures’ discounts to early-week cash prices, traders said.

August live cattle, which will expire on Wednesday, closed up 0.750 cent per pound to 111.500 cents. Most actively traded October ended 2.400 cents higher at 107.475 cents.

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