Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures climbed more than one per cent on Monday, rising on technically driven bargain buying after prices fell on Friday to a five-month low, traders and analysts said. Hogs halted a four-session streak of declines while live cattle futures edged higher to notch a 1-1/2-week high on the […] Read more
U.S. livestock: Hog futures climb on bargain buying
U.S. livestock: Hog futures decline on technical selling
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hogs extended their decline to the fourth consecutive session on Friday, easing on technical selling and weaker pork prices, traders said. The most active April hogs contract dropped to a fresh five-month low and has now declined in 12 out of the past 14 sessions. The contract […] Read more
U.S. livestock: Hogs extend slide on weak cash, pork prices
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures declined for the third day in a row on Wednesday as prices for pork and hogs in cash markets continued to weigh on futures, traders and analysts said. Most-active Chicago Mercantile Exchange April hogs dropped to the lowest levels in five months and its premium over the […] Read more
U.S. livestock: Hog futures drop on weak pork prices
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell to the lowest levels since mid-August on Wednesday, declining for the second straight session as weaker prices for pork pointed to abundant supplies, traders and analysts said. Cattle futures also eased on the Chicago Mercantile Exchange but prices stayed within recent trading ranges as investors waited […] Read more
U.S. livestock: Hogs fall on technical selling, live cattle up
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures declined more than one per cent on Tuesday, giving back a portion of gains notched on Monday in a technical setback, traders said. Hogs on Monday surged from a multimonth low, boosted in part by technically oversold conditions. But the market remained anchored by abundant […] Read more
U.S. livestock: Cattle, hog futures climb on technical buying
Reading Time: < 1 minute Chicago | Reuters — U.S. livestock futures were higher on technical buying on Monday, with live cattle nearing recent contract highs and lean hogs rebounding from a multi-month low reached on Friday, traders and analysts said. Firmer prices for pork and beef in the wholesale market also buoyed futures. Hogs jumped as much as four […] Read more
U.S. livestock: Cattle ease on technical selling ahead of storm
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange livestock futures were lower on Thursday, with live cattle prices easing from recent contract highs on technical selling ahead of a major winter storm forecast to hit U.S. cattle country, traders said. Feeder cattle futures fell to a roughly 1-1/2 week low, pressured in part by rising corn […] Read more
U.S. livestock: Hog futures tumble to two-month low
Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped as much as 3.7 per cent on Wednesday, skidding to the lowest levels in two months on pressure from chart-based selling and ample U.S. hog supplies, traders said. Hog prices on Tuesday had dipped below their closely watched 200-day moving average and on Wednesday […] Read more
U.S. livestock: Live cattle hit contract highs on storm forecast
Reading Time: 2 minutes Chicago | Reuters — Live cattle futures rose to life-of-contract highs at the Chicago Mercantile Exchange on Tuesday, lifted by worries that severe winter weather could prompt beef packers to pay higher prices for animals in the U.S. Plains, traders said. Technical buying and short-covering also buoyed cattle prices while lean hog futures finished narrowly […] Read more
U.S. livestock: Hog futures drop in technical sell-off
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell for the second straight session on Monday, sliding to a one-week low on pressure from technical selling and a lack of bullish information to propel gains, traders and analysts said. Feeder cattle futures also eased to the lowest since Jan. 7, while more actively traded live […] Read more
A message from April Stewart, Country Guide's Associate Editor
