Hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle finished lower in choppy trading on Tuesday, pressured by profit-taking that outpaced initial buying led by bullish fundamentals, traders said. December, which will expire on Wednesday, closed 0.625 cent per pound lower at 165.875 cents, and February was down 0.3 cent at 164.7 cents (all figures […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle posted significant gains on Monday, led by strong wholesale beef prices and anticipation of steady or better cash prices this week, traders said. December closed 1.75 cents per pound higher at 166.5 cents, and February up 2.525 cents at 165 cents (all figures US$). Monday morning’s […] Read more

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle surged Thursday on short covering in volatile action after the exchange expanded futures trading limits, following three-cent-per-pound limit-down settlements five days in a row. CME took emergency steps on Wednesday to stem the plunge in feeder cattle contracts by increasing its limit to 4.5 cents/lb. from […] Read more

Chicago | Reuters — Thinly traded Chicago Mercantile Exchange feeder cattle futures settled down their three cents per pound daily price limit for a fifth straight day on Wednesday, led by the recent plunge in cash feeder cattle prices, traders said. January and March closed at 216.6 cents and 212.25 cents, respectively (all figures US$). […] Read more

Chicago | Reuters — Lightly-traded Chicago Mercantile Exchange feeder cattle futures finished down their three cents per pound daily price limit on Tuesday for a fourth day in a row following sharply lower cash prices, traders said. Fund selling, sell stops and CME live cattle’s subsequent limit-down settlement further pressured feeder cattle contracts. The inability […] Read more