CME goes against cattle industry stance

CME goes against cattle industry stance

CME Group announced Aug. 5 a series of new changes to address cattle market volatility that it said resulted from continued collaboration with and feedback from the cattle industry. Cattle industry leaders, however, are telling a different story.

"We greatly value our relationship with the cattle community and are committed to helping producers and commercial firms manage their price risk," said Tim Andriesen, CME Group managing director of agricul

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