(Bloomberg) -- Cattle futures in Chicago rose from
a five-month low on signs that supplies available to U.S. beef
processors are decreasing. Hogs also gained.
An estimated 711,000 head of cattle will be slaughtered
this week, more than the 708,000 slaughtered the same week last
year, U.S. Department of Agriculture data show. About
11.297 million head of cattle were in feedlots as of May 1, down
from 11.559 million a year earlier, the USDA said.
Read more at Bloomberg Commodities News
a five-month low on signs that supplies available to U.S. beef
processors are decreasing. Hogs also gained.
An estimated 711,000 head of cattle will be slaughtered
this week, more than the 708,000 slaughtered the same week last
year, U.S. Department of Agriculture data show. About
11.297 million head of cattle were in feedlots as of May 1, down
from 11.559 million a year earlier, the USDA said.
Read more at Bloomberg Commodities News
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