Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures tumbled by the daily, exchange-imposed limit on Wednesday, with the most actively traded contract setting a three-week low, as U.S.-China trade talks ended with no apparent signs of progress. Cattle futures also slumped as widespread selling hit U.S. agricultural markets on the last day of […] Read more
U.S. livestock: CME hogs sink by daily limit, hit three-week low on U.S.-China trade worries
U.S. livestock: CME hog futures drop to two-week lows on U.S.-China trade worries
Chicago | Reuters – Chicago Mercantile Exchange (CME) hog futures extended losses on Tuesday, with U.S.-China trade concerns helping to push prices to their lowest levels in about two weeks. China imposed retaliatory tariffs on imports of U.S. pork and other farm products last year as part of the two nations’ ongoing dispute, hurting exports […] Read more
U.S. livestock: CME hog futures drop by daily limit in retreat from gains
Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures stumbled on Monday, with technical selling and profit-taking knocking the hog market to its lowest price levels in more than a week. Traders said the market was ready for a setback after most-active October hogs climbed more than 20 per cent from a four-month low […] Read more
U.S. livestock: Cattle futures end week nearly flat, as hog futures inch up
Chicago | Reuters – Chicago Mercantile Exchange (CME) live cattle futures ended the week near previous levels, as funds took some profits on deferred cattle positions and cash trade remained light. Cash cattle prices were steady to up $1 in Iowa and Nebraska on Friday, with prices at $114 to $116, traders said. Meanwhile, hog […] Read more
U.S. livestock: Futures mixed as hog futures rally chills
Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures had a mixed day of trading on Thursday as a dearth of cash trade fueled more selling of nearby live cattle contracts and buying of the deferred months, traders said. The recent rally on hog futures continued to cool, as the market corrected after a […] Read more
U.S. livestock: Futures mixed as rally on hog futures slows
Chicago | Reuters – Chicago Mercantile Exchange (CME) livestock futures ended the day mixed, with a lack of buying interest and light cash trade prompting dealers on Wednesday to sell their nearby live cattle contracts and buy the deferred months, traders said. Meanwhile, hog traders also took a cue from the cash market, as signs of an […] Read more
U.S. livestock: Cattle futures rally on corn futures slump
Chicago | Reuters – Chicago Mercantile Exchange (CME) feeder cattle futures inched upward on Monday, as corn futures fell sharply and traders hoped that feed costs will continue to remain under pressure. Meanwhile, lean hog futures faced choppy trading on Monday as the market wrestles with continued expectations for – but no clear signs yet […] Read more
U.S. livestock: CME hogs book biggest one-week climb since April
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures closed higher on Friday and the most-active August contract recorded its biggest weekly gain since April, supported by expectations of thinning U.S. hog supplies, traders said. A glut of hogs has hung over the futures market for months, but traders see supplies starting to […] Read more
U.S. livestock: Lean hogs end lower
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures fell about three per cent on Thursday on sluggish cash markets, traders said, retreating after a two-session surge that lifted the August contract to a near-three-week high a day earlier. CME August lean hogs settled down 2.55 cents at 79.175 cents/lb., one day after […] Read more
U.S. livestock: Hogs up on technical buying, cash values
Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hog futures neared a three-week high on Wednesday, buoyed by a mix of technical buying and ideas that a glut of U.S. hog supplies was showing signs of tightening, traders said. Fears of an expansion in Asia of the African swine fever (ASF) outbreak in China […] Read more
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