Live cattle futures rally $1.75 to $2.85 as cash prices strengthen
AI Summary- Live cattle futures rose $1.75 to $2.85 on Friday, while feeder cattle futures also posted gains.
- USDA recorded 2026 beef export sales of 8,581 metric tons, an eight-week low.
- CFTC data showed managed money trimming net-long positions in live and feeder cattle contracts.