As bulging supplies of commodities such as corn and sugar drive most raw materials lower, cattle futures are providing a haven for commodity investors.
Prices are up 23 percent in the past 12 months and are on pace for a sixth straight annual gain, which would be the best streak in at least five decades. Futures reached an all-time high this month. After adjusting for volatility, cattle ranks first among the 34 Bloomberg-tracked raw materials in the past year, according to the Bloomberg Riskless Return Ranking. Read more at Bloomberg Businessweek…