Cattle futures jumped at the Chicago Mercantile Exchange on Thursday on concerns over frigid temperatures that threaten U.S. herds, analysts said.
Lean hog futures also finished higher
If heifer retention rises, prices will continue to ascend
Deferred live cattle futures and feeder cattle futures finished stronger
Emergency management and hours of service among concerns for House ag committee
Blizzards shut down roads, stranded some workers at packing plants overnight
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Lean hogs rose on hopes that U.S. cash prices had reached bottom
Live cattle slipped somewhat but ended the week up 1.2 per cent