Nov 18 (Reuters) - CME live cattle futures dropped on Monday pressured by profit-taking after higher cash prices last week, traders said.

There’s been no official announcement, but commodity groups say price insurance for livestock producers will soon be a reality
Price volatility could soon be a thing of the past for Manitoba’s beef producers, if a proposed livestock price insurance program comes to fruition. The insurance plan could be announced within weeks, said Cam Dahl, general manager of the Manitoba Beef Producers. “I’m very hopeful that there will be an announcement made very soon,” said