Wednesday, June 13, 2007

Cattle Futures Decline in Chicago as Demand Slows For U.S. Beef; Hogs Fall

(Bloomberg) -- Cattle futures declined for the first
time in four sessions in Chicago as demand for U.S. beef slowed.
Hogs also fell.

Wholesale prices for beef loin, the source of most steaks,
are heading for their fourth-straight weekly decline. Prices have
fallen 1.9 percent this week as consumers opt for cheaper cuts.


Read more at Bloomberg Commodities News

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