CME February 2020 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hog futures rebound

Chicago | Reuters — Lean hog futures on the Chicago Mercantile Exchange (CME) closed higher on Tuesday, bouncing a day after falling to a one-month low as traders adjusted positions ahead of Wednesday’s planned signing of a U.S.-China trade agreement, brokers said. “The choppy trade continues. There is clearly some nervousness associated with what is […] Read more










CME February 2020 lean hogs with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Hogs limit down on profit-taking, Middle East tensions

Chicago | Reuters — U.S. hog futures tumbled by the daily trading limit to a three-week low on Friday as rising geopolitical tensions in the Middle East triggered profit-taking, analysts said. Losses hit markets after a U.S. air strike in Iraq killed Iran’s most prominent military commander, rattling traders of products from agricultural futures to […] Read more