Hogs

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed lower on Monday as funds rolled their positions by selling the October contract and buying deferred months, traders said. Funds trading in CME’s live cattle and hog markets shifted October long positions further back in a procedure known as the “roll” by followers of […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished nearly two per cent higher on Friday as supply-strapped packers spent more for slaughter-ready, or cash, cattle than expected, traders said. October live cattle settled ended up 2.7 cents per pound at 159.75 (all figures US$). December closed at 160.925, up 2.425 cents after […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures closed mixed on Thursday, supported by initially higher cash prices while pressured by profit-taking, traders said. October live cattle ended up 1.625 cents per pound at 157.05 cents, and December at 158.5, up 0.5 cent (all figures US$). February finished 1.4 cents lower at 156.7, […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures climbed nearly two per cent on Wednesday, their biggest one-day percentage increase in 1 1/2 months, driven by strong cash price expectations for this week, traders said. October live cattle ended up the maximum three cents per pound daily price limit at 155.425. December closed […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures turned up sharply on Thursday in anticipation of steady-to-better prices for market-ready or cash cattle this week, traders said. Futures drew more support from their discounts to last week’s cash cattle returns. August live cattle, which will expire on Friday, ended up 1.45 cent per […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange hog futures on Wednesday gained for a third day in a row, supported by short-covering ahead of the U.S. Labour Day holiday, traders said. Fund buying developed after some CME hog contracts broke through moving average resistance levels. October closed 0.825 cent per pound higher at 95.925 cents […] Read more