Tag Archives hog futures

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures gained for a third straight session on Wednesday, backed by rising cash and wholesale pork prices, traders said. May hogs closed 1.35 cents higher at 80.35 cents per pound, and June was up 1.3 cents to 84.05 cents/lb. (all figures US$). Wednesday morning’s average market-ready […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Tuesday, helped by rising wholesale beef values, traders said. June ended 0.725 cent per pound higher at 151.45 cents, and August was up 0.775 cent at 149.9 cents (all figures US$). Tuesday morning’s wholesale choice beef price climbed $1.33 per hundredweight (cwt) […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle closed higher on Monday, shrugging off Friday’s weakness, helped by short-covering following the turnaround in wholesale beef prices, traders said. Monday morning’s choice wholesale beef price rose $1.70 per hundredweight (cwt) from Friday to $256.34/cwt (all figures US$). Select cuts climbed $1.94, to $245.16, the U.S. […] Read more

Chicago | Reuters — Chicago Mercantile Exchange lean hogs settled lower on Friday, pressured by profit-taking before the weekend that snuffed their six-session rally, traders said. May closed 0.95 cents per pound lower at 76 cents, and June was down 0.175 cent at 81.25 cents (all figures US$). Some prospective buyers were leery of deferred […] Read more