Live Cattle prices have seen a notable rise, increasing by 15.22 USd/Lbs, or 9.03%, since the start of 2024. This data is derived from trading on a contract for difference (CFD) that monitors the benchmark market for this vital commodity.
Historically, Live Cattle reached an all-time high of 195.01 in June 2024. Analysts predict that prices will stabilize at around 176.24 USd/Lbs by the end of this quarter, based on global macroeconomic models and market expectations.
Looking further ahead, projections suggest that Live Cattle could trade at approximately 169.20 USd/Lbs within the next twelve months.