GFM Network News

(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: CME hogs gain on short covering before USDA report

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Friday, supported by short covering before the U.S. Department of Agriculture’s quarterly hog report expected at 2 p.m. CT, traders said. Analysts expect Friday’s report to show further herd expansion during the March through May quarter compared with a year earlier. “The […] Read more