CME October 2019 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures top one-month peaks

Chicago | Reuters — U.S. live cattle and feeder cattle futures jumped to their highest prices since August on Wednesday as traders predicted that cash prices will also increase. October live cattle futures closed up 1.025 cents at 100.375 cents/lb. at the Chicago Mercantile Exchange (CME). October feeder cattle advanced 1.1 cents to 138.4 cents/lb.