Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Wednesday on profit-taking after a two-session climb and pressure from softening cash hog prices, traders said. CME benchmark October lean hogs settled down 2.075 cents at 91.525 cents/lb. and December hogs ended down 1.625 cents at 83.875 cents/lb. The CME Lean Hog Index, […] Read more
U.S. livestock: CME lean hog futures follow cash hogs lower
Live cattle down, feeder cattle mixed
U.S. livestock: Firm cash markets lift hog futures
Cattle futures extend slide
Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Friday as firm U.S. cash markets and rising pork prices underscored tight hog supplies, analysts said. News of the first confirmed cases of African swine fever in farmed pigs in Germany added support, raising uncertainty about pork export flows. However, exports of […] Read more
U.S. livestock: Hogs firm on fresh hopes for China trade pact
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures closed higher on Thursday on rekindled hopes for a U.S. trade deal with China, the world’s top pork consumer, traders said. Recent strength in cash hog markets added support, although prices in the closely watched Iowa and southern Minnesota market fell on Thursday afternoon after rising in […] Read more
U.S. livestock: Hog futures firm on cash market strength
Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures Tuesday rose 3.6 per cent on Tuesday, supported by signs of strength in the cash market, traders said. USDA data showed that cash prices for hogs in Iowa and Minnesota have risen by more than $2 since last Wednesday, evidence that the market may have found its […] Read more
U.S. livestock: Hogs up on technical buying, cash values
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures neared a three-week high on Wednesday, buoyed by a mix of technical buying and ideas that a glut of U.S. hog supplies was showing signs of tightening, traders said. Fears of an expansion in Asia of the African swine fever (ASF) outbreak in China […] 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 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
U.S. livestock: Hogs slump on technical selloff, cash worries
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures declined as much as 1.4 per cent on Monday in technical selling and worries of weaker prices for hogs in cash markets, traders and analysts said. Cattle futures, meanwhile, were mostly higher on light chart-based buying in an abbreviated session at the Chicago Mercantile Exchange ahead of […] Read more
U.S. livestock: Hogs, cattle end mixed ahead of supply reports
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle and lean hog futures ended mixed on Wednesday as traders squared positions ahead of two key U.S. government reports due on Thursday, traders said. The U.S. Department of Agriculture is scheduled to release its monthly cattle on feed report and its quarterly hogs and pigs report […] Read more
U.S. livestock: CME lean hogs rebound
Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures closed out the week on a positive note on Friday as hopes for a pickup in pork sales to China fueled speculative buying that lifted prices more than one per cent and reversed the prior session’s losses. The market remains focused on trade talks between the U.S. […] Read more
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