Tag Archives beef cattle

Chicago | Reuters — U.S. lean hog futures slumped on Tuesday, pressured by abundant near-term hog supplies and concerns that U.S. pork export demand would not be large enough to absorb the expected surplus of meat produced. Hopes for a jump in Chinese demand for U.S. pork have supported hog futures at times in recent […] Read more

Chicago | Reuters — U.S. lean hog futures closed mostly higher on Monday as hopes for rising demand for U.S. pork exports, particularly from China, more than offset near-term pressure from plentiful hog supplies. Investor caution kept hog futures in a narrow trading range following a roller-coaster session on Friday in which the market surged […] Read more

Chicago | Reuters — U.S. lean hog futures hit a two-week high on Tuesday, with the benchmark December contract rising its daily limit of three cents per pound on optimism about increasing pork demand from China, traders said. Food prices in China have soared, driven mainly by a sharp increase in pork values after deadly […] Read more