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CME December 2018 lean hogs, with 50-day moving average. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs extend slide, fall below seven-week lows

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Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures slid for the third consecutive session on Thursday and touched their lowest prices in more than seven weeks on concerns about increasing supplies, traders said. The market has weakened since contracts set multi-month highs on Oct. 1 amid worries about meat supplies swelling due to […] Read more
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Hogs decline on heavier animals, technical selling

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Reading Time: 2 minutes Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped for the second straight session on Wednesday, on technical selling and after government data showed heavier-weight U.S. hogs that pointed to larger supplies, traders said. Bear-spreading pressured front-month December hogs, which settled down 2.175 cents at 54.7 cents/lb., a decline of about four per […] Read more
CME February 2019 live cattle, with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures mostly lower on technical selling

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Reading Time: 2 minutes Chicago | Reuters — U.S. cattle futures were mostly lower on Tuesday while lean hogs pared gains late in the session, with each pressured in part by technical selling and profit-taking, traders and analysts said. Some traders were liquidating positions in Chicago Mercantile Exchange cattle futures ahead of a monthly U.S. Department of Agriculture supply […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets, Reuters

U.S. livestock: Cattle futures drop on plentiful supplies, demand concerns

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Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures fell on Friday, pressured by ample supplies and rising concerns about demand amid weakness in global equities markets, traders said. Flat cash markets also cast a bearish tone on the markets. Cash cattle have traded at $111/cwt for five weeks in a row (all figures US$). Most-active CME […] Read more
CME lean hogs: October 2018 in black, December 2018 in pink. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures slump on ample supplies

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Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell more than one per cent on Tuesday, weighed down by technical selling and expectations that supply will increase, traders said. Cattle futures were only slightly lower on the Chicago Mercantile Exchange, staying within the narrow range that has defined the trade for weeks. CME December hogs, […] Read more
CME October 2018 lean hogs, with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs extend recovery, near six-month high

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Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to their highest prices in about six months on Friday on technical buying. CME October hogs reached a session high of 68.825 cents/lb., the contract’s highest price since April 19, before paring gains (all figures US$). It ended up 0.7 cent/lb., at 68.2 cents. […] Read more

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