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(Deyana Robova photo/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. livestock: CME hogs bounce back on bargain buying

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hog futures finished higher on Tuesday after short-covering and bargain buying reversed recent market losses amid trade fears, analysts said. Hog farmers in the U.S. may face another wave of higher tariffs by China, which placed stiff retaliatory duties on U.S. pork imports in early April. CME hogs […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hogs sink on weak cash markets, packer margins

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures settled mostly lower on Friday as falling cash hog prices and poor packer margins weighed on the market, traders said. Worries over slowed pork export demand due to threatened retaliatory tariffs by key trading partners, including Mexico and China, also weighed on the hog market. […] Read more
(CMEGroup.com)
Livestock, Markets, Reuters

U.S. livestock: Bargain buying pares some CME hogs’ losses

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hog futures closed moderately higher on Thursday, with support from bargain buying and short-covering that pared some recent market losses amid U.S. trade worries, said analysts. U.S. hog farmers, still reeling from higher retaliatory tariffs on pork imposed by China in early April, are bracing for another round […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle pivot higher on bargain buying

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle turned up sharply on Friday, with support from short-covering and bargain buying after Thursday’s losses that were partly led by U.S. trade uncertainty, said analysts and traders. On Friday China said it planned to impose similar size tariffs soon after Washington announced duties on $50 billion […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Trade fears drag down CME live cattle, hogs

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle and hog futures closed lower on Thursday, partly weakened by uncertainty over U.S. trade with China, traders said. China on Thursday urged the U.S. to make a “wise choice” on trade, saying it was ready to respond in case Washington chose confrontation, as U.S. President Donald […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: CME hogs move up with cash prices

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hogs rose for a second straight day on Wednesday as slaughter-ready, or cash, hog prices escalate in the midst of a seasonal supply squeeze, traders said. Sultry weather in parts of the U.S. Midwest caused livestock to eat less feed, which slows their weight gain and delivery to […] Read more
(iStock photo)
Livestock, Markets, Reuters

U.S. livestock: CME hogs snap back on higher cash, wholesale pork prices

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hog futures on Tuesday recovered from Monday’s selloff, helped by higher wholesale pork values and surging market-ready, or cash, hog prices, traders said. Fund buying and bargain hunting enhanced futures advances, they said. June hogs, which will expire on Thursday, closed up 0.375 cent/lb. at 80.525 cents (all […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Profit-taking, renewed trade fears drop CME hogs

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange hog futures on Monday reversed Friday’s advances, hit by profit-taking and renewed concerns over U.S. exports following late last week’s contentious G-7 summit, said traders. Europe will implement counter-measures against U.S. tariffs on steel and aluminum just like Canada, German Chancellor Angela Merkel said on Sunday, voicing regret […] Read more

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