U.S. livestock: CME hogs limit down, retreating from last week’s top

U.S. livestock: CME hogs limit down, retreating from last week’s top

Chicago | Reuters — Most months of Chicago Mercantile Exchange lean hog futures closed down the daily three-cent trading limit on Tuesday on softening cash markets and profit-taking following contract highs set last week, analysts said. “The cash market has slowed down. It was down a little yesterday and the carcass values were weaker this […] Read more



U.S. livestock: CME hogs lower as rally pauses

U.S. livestock: CME hogs lower as rally pauses

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed mostly lower on Monday as softening cash hog prices sparked a round of profit-taking after Friday’s contract highs, traders said. “Cash prices stopped moving higher at a rapid clip, so everyone is taking a step back,” said Altin Kalo, agricultural economist for New Hampshire-based […] Read more