It's a hammer. |
The Wall Street Journal’s Lester Aldrich wrote, “The video, which has been posted to the internet, pressured live-cattle futures on the Chicago Mercantile Exchange. Traders were concerned its graphic nature would cause a pullback in consumer demand for beef…
The video helped to push June futures down 1.3% to $1.1565 a pound after the contract hit a two-week high earlier in the trading day.” (more) (disturbing video)