17-01-2014 10:35 AM | USA

Cattle futures reach new high with cash prices

Chicago Mercantile Exchange live cattle futures on Thursday climbed to a fresh high, with support from buying left over following Wednesday's record-breaking cash and wholesale beef prices, traders said.

The U.S. Department of Agriculture's weekly export data on Thursday for the period ended Jan. 9 showed U.S. beef sales at 15,800 tonnes, mostly for South Korea.
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