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 up, live cattle decline on spreading
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
U.S. livestock: CME lean hogs jump on short-covering
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied more than three per cent on Monday in a short-covering and bargain-buying rebound from life-of-contract lows posted last week, traders said. Some contracts, including actively-traded June, rose by as much as the daily three-cent limit as a steady slide in prices over the past […] Read more
U.S. livestock: Cash prices halt CME hogs’ losing streak
Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Tuesday snapped a four-session slide, helped by short-covering and firmer prices for market-ready, or cash, hogs, traders said. They said some investors bought deferred months as fears of a trade war eased. Futures drew support from expectations for only a slight seasonal increase in hog […] Read more
U.S. livestock: CME hogs hit two-month high
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Thursday, hitting their highest level in two months led by steadily climbing prices for market-ready, or cash, hogs as packers competed for supplies, said traders. December hogs finished 0.5 cent/lb. higher at 64.250 cents, and February ended 0.475 cent higher at 68.475 cent […] Read more
U.S. livestock: Hogs hit 2-1/2-year high on packer demand
Chicago | Reuters — U.S. lean hog futures surged to a 2-1/2-year high on Friday as recent gains in cash hog prices prompted investor buying in futures, traders and analysts said. Rising wholesale pork values underscored strong meat demand and also bolstered futures while rising temperatures forecast next week could slow the rate of weight […] Read more
U.S. livestock: Fallen cash, pork prices slam CME hogs
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures sank more two per cent on Friday following lower cash and wholesale pork values, said traders. They said worries about a looming supply buildup furthered hog futures losses. April hogs ended 1.525 cents/lb. lower at 66.75 cents, and May down 1.35 cents to 72.75 cents […] Read more
U.S. livestock: Cash, pork prices boost CME hogs to new highs
Chicago | Reuters — Chicago Mercantile Exchange lean hog February futures scored a fresh contract high and deferred contracts scored monthly highs on Monday, fuelled by firmer cash and wholesale pork values, said traders. February hogs ended 1.025 cents/lb. higher at 71.35 cents, and hit a new contract high of 71.425 cents. April ended 0.975 […] Read more
U.S. livestock: Hogs up again on cash prices, fund buying
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied for a fourth consecutive session on Thursday, spurred by higher cash prices and technical buying, said traders. December hogs, which will expire on Dec. 14, closed up 0.975 cent per pound to 55.675 cents (all figures US$). Most actively traded February ended 1.075 cents […] Read more
U.S. livestock: CME hogs rise on cash price optimism
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Monday hit a 1-1/2-month high, spurred by expectations for stronger near-term cash prices, said traders. They said technical buying contributed to market advances. December hogs closed up 0.75 cent per pound, to 51.5 cents (all figures US$). Most actively traded February ended 0.775 cent/lb. […] Read more
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