CME February 2019 lean hogs, with 50-day moving average. (Barchart)

U.S. livestock: Lean hogs sag on technical selling, soft cash

Chicago | Reuters — U.S. lean hog futures closed mostly lower on Wednesday, with the benchmark February contract declining for a third straight session on technical selling and weak cash values, traders said. Chicago Mercantile Exchange February lean hog futures settled down 0.55 cent at 64.5 cents/lb. after the contract dipped below its 50-day moving […] Read more




CME February 2019 live cattle with 20-day moving average. (Barchart)

U.S. livestock: Cattle, hogs gain in thin trading on demand optimism

Chicago | Reuters — U.S. livestock futures were higher on Friday, with lean hogs rising sharply and cattle notching relatively smaller gains as each market was buoyed by hopes of better meat demand, traders said. Hog futures on the Chicago Mercantile Exchange continued to rise on expectations that the spreading African swine fever virus in […] Read more