(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Lean hogs in reversal as pork extends losses

Chicago | Reuters — U.S. lean hog futures fell sharply on Thursday, reversing from earlier steep gains on pressure from declining pork prices and ample hog supplies, traders and analysts said. The price action suggested that hog futures would likely test their life-of-contract lows reached on Aug. 4 when trading resumes on Friday, analysts said. […] Read more

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hogs jump on technical rebound

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained as much as two per cent on Wednesday, reversing from earlier losses on strength from technical buying and a rebound in wholesale pork prices, traders said. Hog futures tested life-of-contract lows reached last week but did surpass those lows, sparking short-covering. The opposite was […] Read more





(CMEGroup.com)

U.S. livestock: Hogs fall on big supplies

Chicago | Reuters — U.S. lean hogs futures fell to 3-1/2-month lows on Thursday as investors continued liquidating long bets amid plentiful supplies and lacklustre pork export sales, traders said. Live and feeder cattle futures also eased at the Chicago Mercantile Exchange, with cattle prices reversing from multiweek highs reached earlier in the session. Hogs […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Feeder cattle gains continue as corn declines

Chicago | Reuters — U.S. cattle futures extended gains on Tuesday, with feeder cattle rising to their highest in 1-1/2 months as falling corn prices reduced costs for fattening the animals and enticed buying from investors, traders said. Optimism that slaughter-weight cattle would fetch higher prices in U.S. Plains cash markets this week also buoyed […] Read more


U.S. livestock: CME hogs settle mostly weak on month-end positioning

Chicago / Reuters – Most Chicago Mercantile Exchange lean hog contracts closed weaker on Friday, after a volatile session highlighted by  investors squaring positions on the final trading day of the month, trader said. August hogs finished up 0.125 cent per lb to 68.975 cents. October ended 0.150 cent per lb lower at 59.050 cents and December down 0.075 cent to […] Read more

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U.S. livestock: Slumping cash prices sink CME hogs to four-month low

Chicago / Reuters – Chicago Mercantile Exchange lean hogs on Thursday settled near their lowest since late-March 2013, dragged down by weaker cash prices before some plants shut down on Monday for an annual industry floater holiday, traders said. One packer was closed on Thursday, and possibly on Friday, for repairs, which limited its need for supplies, a Midwest hog merchant […] Read more


U.S. livestock: CME hog futures biggest one-day loss in seven months

Chicago / Reuters – Chicago Mercantile Exchange lean hogs on Wednesday slumped nearly four per cent, their biggest daily decline since mid-December 2015, pressured by day’s steep wholesale pork price drop and further cash price weakness, traders said. August hogs finished 2.925 cents per lb lower at 71.675 cents. October ended 2.575 cents per lb lower at 61.050 cents. Cash hog prices […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Beef price bounce extends CME live cattle futures gains

Chicago / Reuters – Chicago Mercantile Exchange live cattle futures gained for a third straight session on Tuesday, fueled by technical buying and the day’s wholesale beef price turnaround, said traders. August live cattle closed 0.925 cents per lb higher at 113.875 cents, and above the 40-day moving average of 113.30 cents. October settled 1.500 cents higher at 112.575 cents and over […] Read more