Hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted significant gains on Friday, in anticipation of higher cash prices and short-covering before Monday’s Presidents Day holiday in the U.S., traders said. News of Canada’s first case of bovine spongiform encephalopathy (BSE) since 2011 provided further support to CME live cattle contracts, they said. […] Read more

Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher on Thursday, fueled by bargain hunting in the technically oversold market, traders said. February, which will expire on Friday, closed 0.725 cent per pound higher at 61.95 cents, and April up 0.675 cent, to 64.5 cents (all figures US$). Before Thursday’s session, hog futures […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell hard Wednesday on profit-taking led by slack meat sales ahead of increased supplies later, traders said. February closed 0.5 cent per pound lower at 158.6 cents, and April down 2.675 cents, to 151.1 cents (all figures US$). Tuesday’s U.S. Department of Agriculture supply/demand report […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle ended mixed on Tuesday with nearby contracts supported by their discounts to recent cash prices, while back months sagged on forecasts for increased supplies ahead, traders said. February closed 0.65 cent per pound higher at 159.1 cents, and April up 0.125 cent, to 153.775 cents (all […] Read more

Chicago | Reuters — Chicago Mercantile Exchange lean hogs returned to their lowest level in six years on Monday, pressured by softer cash prices and profit-taking after a futures rally last Friday, traders said. February closed 2.6 cents per pound lower at 61.275 cents, and April down 2.525 cents, to 66.75 cents (all figures US$). […] Read more

Chicago | Reuters — Chicago Mercantile Exchange lean hogs rallied on Friday, with some contracts up the three-cents-per-pound price limit, fueled by bargain hunting following futures’ plunge to a six-year low in the previous session, traders said. February closed 0.6 cent/lb. higher at 63.875 cents, while April and May ended three cents higher at 69.275 […] Read more

Chicago | Reuters — Chicago Mercantile Exchange lean hogs sagged to a six-year low Thursday, pressured by continued worries over plentiful supplies that sank futures to a five-year bottom on Wednesday, traders said. February closed 1.825 cents per pound lower at 63.275 cents, and set a new contract low of 62.85 cents in electronic trading […] Read more

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hogs fell to their lowest level in five years Wednesday as abundant supplies of heavyweight hogs pressured cash prices and hurt wholesale pork demand, traders said. “We’re simply supply-bearish,” said U.S. Commodities analyst Don Roose. Market-ready (cash) hogs in the Midwest sold steady to $1 lower […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher after Tuesday’s choppy session, supported by the wholesale beef price upswing that trumped initial selling, traders said. February closed 0.55 cent per pound higher at 153.75 cents, and April up 0.975 cent, to 150.575 cents (all figures US$). Tuesday morning’s choice wholesale beef […] Read more