Rural Issue
CME announces modifications to cattle futures trading
The CME Group has announced that it will take a number of steps “to further enhance livestock markets”.
They include a reduction of CME livestock trading hours; a review of the Worthing, South Dakota delivery point for Live Cattle; and formation of a cattle market joint working group with the National Cattlemen’s Beef Association to discuss other possible steps.
In addition to those measures, CME Group recently added livestock products to its messaging efficiency program.
Brownfield discussed those changes with Dave Lehman, director of commodity research and product development with CME Group.
AUDIO: Dave Lehman
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