Welcome to the ‘Meat Casino’! Cattle futures market descends into chaos

5 months ago Comments Off on Welcome to the ‘Meat Casino’! Cattle futures market descends into chaos

Wild swings in the cattle futures market have prompted some traders to call it “the meat casino.” In response, the world’s largest futures exchange has refused to list new contracts, leaving ranchers with fewer tools to hedge the $ 10.9 billion market.


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