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Tag Archives lean hog

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

U.S. livestock: Plentiful supply pressures CME hogs

By GFM Network News December 9, 2019
Chicago | Reuters — U.S. hog futures fell on Monday in a turnaround from a two-week high last week, as large inventories pressured prices. Meat packers slaughtered an estimated 496,000 pigs, up from 475,000 a year ago, putting extra pork on the market. U.S. hog supplies are large after farmers expanded their herds to supply […] Read more

CME February 2020 live cattle with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures fall after weak export sales report

By GFM Network News December 5, 2019
Chicago | Reuters — CME Group hog futures eased on Thursday, pressured by a bearish pork export sales report, traders said. Cattle contracts were mixed, with live cattle rising on technical buying while feeder cattle eased. The U.S. Agriculture Department on Thursday morning said that weekly export sales of pork came in at a four-week […] Read more


CME February 2020 lean hogs with 10-, 20- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures firm on cash market strength

By GFM Network News December 3, 2019
Chicago | Reuters — U.S. lean hog futures Tuesday rose 3.6 per cent on Tuesday, supported by signs of strength in the cash market, traders said. USDA data showed that cash prices for hogs in Iowa and Minnesota have risen by more than $2 since last Wednesday, evidence that the market may have found its […] Read more

CME February 2020 lean hogs with 10-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hog futures drop on supply glut

By GFM Network News December 2, 2019
Chicago | Reuters — U.S. lean hog futures fell 2.4 per cent on Monday, weighed down by bearish supply concerns, traders said. “The hog market boils down to more of the same. Big supplies, record supplies,” said Don Roose, president of Iowa-based U.S. Commodities “With these trade talks still iffy, where are the Chinese? They […] Read more


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

U.S. livestock: CME lean hogs recover from two-month low

By GFM Network News November 29, 2019
Chicago | Reuters — U.S. lean hog futures ended higher on Friday in a turnaround from a decline earlier in the session to their lowest price since early September. Prices bounced back as pork producers are hoping that China will ramp up buying from the U.S. as it grapples with a fatal pig disease, African […] Read more

CME December 2019 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle set contract high on winter storms

By GFM Network News November 27, 2019
Chicago | Reuters — U.S. live cattle futures reached a contract high on Wednesday on expectations that wintry weather would hamper the movement of cattle to slaughterhouses. Two winter storms blasted parts of the United States, after parts of Colorado got up to 30 inches of snow on Tuesday. The storms could disrupt transportation and […] Read more


CME February 2020 live cattle with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets, Reuters, Weather

U.S. livestock: Live cattle touch seven-month peak on weather woes

By GFM Network News November 26, 2019
Chicago | Reuters — U.S. live cattle futures closed higher on Tuesday, recording a seven-month high on expectations that a winter storm this week would slow the movement of cattle to beef packing plants and possibly curb the ability of feedlot cattle to gain weight, traders said. A powerful snowstorm swept across Colorado and into […] Read more

CME February 2020 live cattle, with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: CME live cattle touch seven-month high

By GFM Network News November 25, 2019
Chicago | Reuters — U.S. live cattle futures climbed to a seven-month high on Monday, supported by monthly U.S. feedlot data that was not as bearish as some had feared, traders said. Traders also cited spillover strength from record highs on Wall Street equity markets and forecasts for a winter storm this week that could […] Read more


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

U.S. livestock: Hog futures halt skid on export data

By GFM Network News November 21, 2019
Chicago | Reuters — U.S. lean hog futures closed higher on Thursday as bullish weekly export sales data and hopes for progress on a U.S.-China trade deal helped to snap a six-session sell-off, traders said. February lean hog futures on the Chicago Mercantile Exchange (CME) settled up 0.675 cent at 67.45 cents/lb., rallying after a […] Read more

CME June 2020 lean hogs with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs plunge on fresh doubts of China trade prospects

By GFM Network News November 20, 2019
Chicago | Reuters — U.S. lean hog futures fell more than four per cent on Wednesday, with the benchmark February contract at times dropping its daily three-cent limit on doubts about the prospects for a U.S. trade deal with China, the world’s top pork consumer. February lean hog futures on the Chicago Mercantile Exchange (CME) […] Read more


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