CME cattle futures rise sharply on low inventory
Source: Live Mint CHICAGO, Jan 2 (Reuters) – Chicago Mercantile Exchange (CME) feeder cattle futures reached life-of-contract highs, while live cattle futures hit multi-month peaks on Thursday, as meat packers struggled to find inventory, analysts said. CME March feeder cattle settled up 3.225 cents at 266.200 cents per pound, and all other contracts except January…