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Bullish Cattle Bets Soar As US Herd Crisis Sparks Breakout To Record High Price - Nemos News Network

Summary by Zero Hedge
Institutional investors are increasing bullish bets on live cattle futures, pushing them to their highest levels in five years, as America’s herd size dwindles to its lowest point in more than six decades. The latest CFTC data via Bloomberg shows money managers boosted bullish live cattle bets by 3,908 net-long positions to 126,308 last week, the most bullish […]
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