U.S. livestock: Lean hogs bounce on short-covering, technical buying

U.S. livestock: Lean hogs bounce on short-covering, technical buying

Chicago | Reuters — U.S. lean hog futures ended higher for the first time in three sessions on Friday on short covering and technical buying ahead of the extended Presidents Day holiday weekend, traders and analysts said. Futures had been technically oversold after sinking to seven-month lows early this week under pressure from large hog […] Read more











U.S. livestock: Hog futures drop on weak pork prices

U.S. livestock: Hog futures drop on weak pork prices

Chicago | Reuters — U.S. lean hog futures fell to the lowest levels since mid-August on Wednesday, declining for the second straight session as weaker prices for pork pointed to abundant supplies, traders and analysts said. Cattle futures also eased on the Chicago Mercantile Exchange but prices stayed within recent trading ranges as investors waited […] Read more

U.S. livestock: Hogs fall on technical selling, live cattle up

U.S. livestock: Hogs fall on technical selling, live cattle up

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures declined more than one per cent on Tuesday, giving back a portion of gains notched on Monday in a technical setback, traders said. Hogs on Monday surged from a multimonth low, boosted in part by technically oversold conditions. But the market remained anchored by abundant […] Read more