CME December 2018 lean hogs, with 100-day moving average. (Barchart)

U.S. livestock: Lean hogs limit up on swine fever fears

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures surged on Friday and the three most active contracts closed up their daily trading limit on rising concerns about the spread of African swine fever in China, traders said. Technical buying accelerated gains, lifting several deferred-month contracts to life-of-contract highs. “African swine fever fears are […] Read more



(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Lean hogs end limit-up on African swine fever jitters

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures surged on Wednesday as concerns about the spread of African swine fever, particularly in China, fueled buying that took some contracts up by as much as their daily trading limits. Additional support in actively traded December futures stemmed from the contract’s discount to cash hog […] Read more