Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures plunged on Thursday, with the five most actively traded contracts settling down the daily three-cent-per-pound limit after weekly U.S. export data showed no new pork sales to China, traders said. Live cattle and feeder cattle futures on the Chicago Mercantile Exchange also declined, pressured by long liquidation […] Read more
U.S. livestock: CME lean hogs limit down on disappointing export sales
U.S. livestock: CME live cattle futures down on long liquidation
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures fell to a six-week low on Wednesday as lower cash beef prices and bearish technical signals prompted a round of long liquidation, traders said. Chicago Mercantile Exchange lean hog futures closed mixed, with nearby contracts turning higher and gaining against back months. Commodity funds hold net long […] Read more
U.S. livestock: CME lean hog futures fall on profit-taking
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures sagged on profit-taking on Tuesday after a recent run-up to contract highs, traders said. Live cattle futures also slumped at the Chicago Mercantile Exchange. The most actively traded June hogs contract has pulled back about 7.5 per cent after setting a contract high on April 5 on expectations […] Read more
U.S. livestock: Lean hog futures lower, live cattle follow suit
Reading Time: 2 minutes Chicago | Reuters – U.S. hog futures declined on Monday on a mix of softer cash hog prices and technical selling after a run-up to contract highs earlier this month, traders said. Chicago Mercantile Exchange live cattle futures followed hogs lower. The benchmark June lean hogs contract fell roughly 3 percent, settling down 2.975 cents at 93.775 […] Read more
U.S. livestock: Deferred hog futures set contract highs for fourth day
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures set new contract highs in deferred months for a fourth consecutive day on Thursday on expectations of increased demand from China, before prices pulled back. Deferred feeder cattle futures also set contract highs. An outbreak of African swine fever in China fueled the temporary advances in deferred hog […] Read more
U.S. livestock: Deferred CME hog futures set contract highs
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures rallied to new contract highs in deferred months on Wednesday on projections that China will accelerate pork imports in the last half of the year, following an outbreak of an incurable swine disease. China is expected to import more pork to fill a hole in protein supplies left […] Read more
U.S. livestock: Deferred CME hogs extend gains on China virus outbreak
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures closed mixed on Tuesday as front-month contracts stumbled in a setback from recent gains, while deferred contracts rose on expectations for increased demand from China due to an outbreak of a fatal hog disease. Gains in the market have been fueled by worries about an epidemic of African […] Read more
U.S. livestock: CME hogs push higher as herds in China suffer from virus
Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures closed mostly higher on Monday on increasing expectations that China will need to import more pork to compensate for hogs killed in an outbreak of an incurable swine disease. The front-month contract, which is thinly traded, set its highest price in about 21 months as the market rose […] Read more
U.S. livestock: CME lean hogs up third straight session
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Friday for a third straight session on expectations that an outbreak of African swine fever in China’s hog herd would prompt the Asian country to import more pork, traders said. Traders were still digesting Thursday’s export sales report from the U.S. […] Read more
U.S. livestock: CME lean hogs surge on strong pork sales
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Thursday on strong weekly U.S. pork export sales, traders said, including more than 77,000 tonnes sold to China as a fatal hog disease continued to spread in the Asian country. CME live cattle futures followed hogs up but settled off their […] Read more
A message from April Stewart, Country Guide's Associate Editor
