Cattle market hangover

Cattle market hangover

Limited market activity weathers aftershock of cattle futures fireworks, while hog industry expansion trips up prices.

THE cattle market recovered nicely last week after limited downward movements from the previous week hindered trade and prompted CME Group to expand the daily limit to $4.50.

In the aftermath of the futures market excitement, trade in both the wholesale boxed beef and cash fed markets also was stifled as buyers played the watch-and-see game prior to the short holiday trading weeks.

Nevertheless, the futures activity did come

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