(Bloomberg) -- Cattle futures fell to the lowest in
almost four months on speculation demand for beef declined after
the U.S. Memorial Day holiday. Hog futures rose.
About 258,000 head of cattle have been slaughtered so far
this week, compared with 378,000 last week and 260,000 during
the same period a year ago, according to the U.S. Department of
Agriculture. That indicates less demand from retailers, said Dan
Vaught, an analyst at A.G. Edwards & Sons Inc. in St. Louis.
Read more at Bloomberg Commodities News
almost four months on speculation demand for beef declined after
the U.S. Memorial Day holiday. Hog futures rose.
About 258,000 head of cattle have been slaughtered so far
this week, compared with 378,000 last week and 260,000 during
the same period a year ago, according to the U.S. Department of
Agriculture. That indicates less demand from retailers, said Dan
Vaught, an analyst at A.G. Edwards & Sons Inc. in St. Louis.
Read more at Bloomberg Commodities News
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