According to the Great American Insurance Group article, the cattle complex's triple-digit fall was due to commercial selling, tech concerns and concern about the demand for beef.
Last Wednesday, the DTN Early Word Opening Livestock was released, noting a likely comeback will result from firm pressure due to the weaker undertone seen through the livestock complex over the last two trading sessions.
Three major firms — Nationwide, J.P. Morgan and Annexus — shared the spotlight recently in Des Moines, Iowa’s SRP Americas Indexed Insurance Forum 2017, celebrating joint status as “Deal of the Year” recipients at the annual event.