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Beef Futures Market Begins at Chicago Mercantile Exchange
The beef futures market launches this year with CME trading for 25 000 pound live steers across four delivery months April June August October. Contracts opened strong with first-week closes around 240 to 260 per hundred pounds. A $36.50 commission is charged per contract by brokers.
MENTIONED IN THIS ARTICLE
Ron G.bradley
Maty Avent
Chicago Mercantile Exchange
Ey Gaim
Calle Alway
Prics Factuallo
USDA
Ain