Hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled up on Friday boosted by higher prices in the cash cattle market, traders said. Cash cattle, or market-ready cattle, sold in the U.S. Plains at $155 to $156 per hundredweight (cwt), traders said (all figures US$). Last week, cash cattle in Kansas and Nebraska […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures turned up sharply on Thursday in anticipation of steady-to-better prices for market-ready or cash cattle this week, traders said. Futures drew more support from their discounts to last week’s cash cattle returns. August live cattle, which will expire on Friday, ended up 1.45 cent per […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange hog futures on Wednesday gained for a third day in a row, supported by short-covering ahead of the U.S. Labour Day holiday, traders said. Fund buying developed after some CME hog contracts broke through moving average resistance levels. October closed 0.825 cent per pound higher at 95.925 cents […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange hog futures closed higher on Tuesday, driven by short-covering as some investors prepare for an early start of the Labour Day holiday weekend, traders said. Speculators bought CME hogs in the belief that the two-week slump in prices for slaughter-ready, or cash, hogs may be about to end. […] Read more

Chicago | Reuters –– Chicago Mercantile Exchange live and feeder cattle contracts closed higher for a third straight session on Monday, partly driven by Friday’s U.S. Department of Agriculture Cattle-On-Feed report, traders said. Initially, analysts considered the report mildly bearish because more cattle were placed in feedlots last month than forecasted. Some analysts later said […] Read more

Chicago | Reuters — Chicago Mercantile Exchange hog contracts closed higher on Thursday on short-covering and futures’ discount to CME’s hog index at US109.25 cents. October and December ended 1.125 cents higher at 93.625 and 87.55 cents per pound, respectively (all figures US$). CME hogs had a relative strength index (RSI) of 15. A RSI […] Read more

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, weighed down by profit-taking that pared morning gains and snapped the market’s three-day winning streak. August live cattle ended 1.1 cents per pound lower at 150.5, and October down 1.325 cents at 147.225 cents (all figures US$). CME live cattle spiked […] Read more