aginfo
Junior Member
- Messages
- 692
US - Live cattle futures declined sharply on Monday, with the December and February contracts closing down the daily permissible limit, write Steve Meyer and Len Steiner.
The sharp sell-off was attributed to fears of a credit downgrade for a number of key Euro Zone countries although it is hard to see how a credit downgrade for Europe have much of an impact on US cattle futures expiring in a couple of weeks.
More at http://www.thecattlesite.com/news/36716/cme-live-cattle-futures-declined-sharply
The sharp sell-off was attributed to fears of a credit downgrade for a number of key Euro Zone countries although it is hard to see how a credit downgrade for Europe have much of an impact on US cattle futures expiring in a couple of weeks.
More at http://www.thecattlesite.com/news/36716/cme-live-cattle-futures-declined-sharply