Pork baby back ribs. (Grandriver/Getty Images)

U.S. livestock: Strong cash prices reverse CME hogs’ losses

Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday closed up sharply, spurred by short-covering and escalating prices for slaughter-ready, or cash, hogs that reversed Tuesday’s market losses, said traders. On Tuesday, some CME hog contracts day fell more than two per cent after Mexico imposed tariffs on U.S. pork following Washington’s higher […] Read more


(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: Hogs touch five-week high on technical buying, pork gains

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to a five-week high on Tuesday, bolstered by technical buying and gains in prices for cash hogs and pork, traders said. Live cattle futures were lower, easing on chart-based selling. Feeder cattle were higher, supported in part by lower corn prices as trading resumed […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: CME lean hogs jump on short-covering

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied more than three per cent on Monday in a short-covering and bargain-buying rebound from life-of-contract lows posted last week, traders said. Some contracts, including actively-traded June, rose by as much as the daily three-cent limit as a steady slide in prices over the past […] Read more



(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: CME hogs hit two-month high

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Thursday, hitting their highest level in two months led by steadily climbing prices for market-ready, or cash, hogs as packers competed for supplies, said traders. December hogs finished 0.5 cent/lb. higher at 64.250 cents, and February ended 0.475 cent higher at 68.475 cent […] Read more