(Bloomberg) -- Cattle futures in Chicago rose to the highest in almost two weeks on signs that U.S. supplies of higher-grade beef may have been limited by winter storms that kept calves too lean.
Choice beef, considered higher quality because it has more fat, is in short supply after snow and moisture during the winter made calves' pens muddy, said Walt Hackney, owner of Hackney Ag, a cattle feeder and market adviser in Omaha, Nebraska. The conditions caused calves to overexert themselves, resulting in lower weights and less fat, or marbling, he said.
Read more at Bloomberg Commodities News
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