Hogs

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures reached an all-time high on Tuesday, fuelled by short-covering as wholesale beef prices trended upward, traders said. October closed up 2.725 cents per pound to 165.775 cents, and December 1.55 cents higher at 167.85 cents (all figures US$). Tuesday morning’s choice wholesale beef price, or […] Read more

Chicago | Reuters — Chicago Mercantile Exchange lean hogs futures closed sharply higher Monday, supported by short-covering and fund buying after contracts surpassed key technical resistance levels, traders said. October hogs closed 1.575 cents per pound higher at 107.175 cents (all figures US$). December finished at 95.875 cents, 2.85 cents higher and above the 100-day […] Read more

Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed lower on Friday in response to the U.S. dollar’s surge to a four-year high which tends to drive up costs for U.S. exports, including meat, traders said. Positive U.S. monthly employment numbers helped send stocks on Wall Street up more than one per cent. The […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Thursday rose to a record high for a second consecutive session, supported in part by improved wholesale beef prices, traders said. October closed 0.375 cents per pound higher at 162.85 cents, and December up 0.525 cent to 166.425 cents (all figures US$). Thursday morning’s […] Read more

Chicago | Reuters — Chicago Mercantile Exchange feeder cattle contracts on Wednesday settled up at their maximum three-cents daily price limit, lifted by live cattle futures’ climb to a new high, traders and analysts said. They also cited strong prices for calves for fattening and the corn price slide to a five year low. Less […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower Tuesday, pressured by profit-taking and fund selling on the final trading day for the quarter, traders and analysts said. October live cattle closed down 0.5 cent per pound to 160.45 cents, and December one cent lower at 163.475 cents (all figures US$). Despite […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished sharply higher on Monday, erasing early-session losses as they gained on short-covering and fund buying before the end of the quarter on Tuesday, traders and analysts said. October live cattle closed up 2.5 cents per pound at 160.95 cents, and December was 2.375 cents […] Read more