(Deyana Robova photo/iStock/Getty Images)

U.S. livestock: Profit-taking, trade war fears upend CME hogs

Chicago | Reuters — Chicago Mercantile Exchange hog futures closed lower on Thursday, rocked by profit-taking amid worries that pork could suffer from retaliatory tariffs against the U.S., traders said. June hogs closed 0.7 cents/lb. lower at 76.625 cents (all figures US$). July ended 2.075 cents lower at 78.05 cents. Mexico threatened to reciprocate with […] Read more

A wheat crop in progress on May 24, 2016 north of London, Ont. (Ralph Pearce photo)

U.S. grains: Wheat up for third day in a row

Chicago | Reuters — U.S. wheat futures rose on Thursday, their third straight day of gains, on worries that adverse weather will lead to crop shortfalls in key growing areas around the world, traders said. Soybean futures fell, pressured by fresh concerns about exports. Corn futures closed lower on long liquidation by funds after failing […] Read more