
Tag Archives cash hogs

U.S. livestock: Hogs firm on fresh hopes for China trade pact
Chicago | Reuters — U.S. lean hog futures closed higher on Thursday on rekindled hopes for a U.S. trade deal with China, the world’s top pork consumer, traders said. Recent strength in cash hog markets added support, although prices in the closely watched Iowa and southern Minnesota market fell on Thursday afternoon after rising in […] Read more

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

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

U.S. livestock: Hogs extend slide on weak cash, pork prices
Chicago | Reuters — U.S. lean hog futures declined for the third day in a row on Wednesday as prices for pork and hogs in cash markets continued to weigh on futures, traders and analysts said. Most-active Chicago Mercantile Exchange April hogs dropped to the lowest levels in five months and its premium over the […] Read more

U.S. livestock: Hog futures drop in technical sell-off
Chicago | Reuters — U.S. lean hog futures fell for the second straight session on Monday, sliding to a one-week low on pressure from technical selling and a lack of bullish information to propel gains, traders and analysts said. Feeder cattle futures also eased to the lowest since Jan. 7, while more actively traded live […] Read more

U.S. livestock: CME lean hogs rebound
Chicago | Reuters — U.S. lean hog futures closed out the week on a positive note on Friday as hopes for a pickup in pork sales to China fueled speculative buying that lifted prices more than one per cent and reversed the prior session’s losses. The market remains focused on trade talks between the U.S. […] Read more

U.S. livestock: Hogs jump on gains in cash hogs, pork prices
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures surged over four per cent on Tuesday, rising to the highest levels in three months on support from gains in prices for hogs in cash markets and wholesale pork, traders said. A lower U.S. hog slaughter in recent days due to Hurricane Florence limited pork […] Read more

Trade uncertainty weighs on Manitoba pork prices
CNS Canada –– An ongoing trade battle between China and the U.S., along with general uncertainty in global trade, is starting to put a damper on Manitoba pork prices. In Canada, the formula price used by domestic farmers is based on the national base price in the U.S. That price is determined by a formula […] Read more

U.S. livestock: Hogs up, live cattle decline on spreading
Chicago | Reuters — U.S. livestock futures were mixed on Friday, with lean hogs sharply higher and live cattle narrowly lower in largely technically driven and spread trading, dealers said. Friday was the final day of the five-day roll for funds tracking Standard + Poor’s Goldman Sachs Commodity Index, and investors moving out of front […] Read more

U.S. livestock: Hogs touch five-week high on technical buying, pork gains
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to a five-week high on Tuesday, bolstered by technical buying and gains in prices for cash hogs and pork, traders said. Live cattle futures were lower, easing on chart-based selling. Feeder cattle were higher, supported in part by lower corn prices as trading resumed […] Read more
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