CME February 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. livestock: Hog futures surge to highest in over three months

U.S. cattle counts up from last year

Chicago | Reuters — Chicago Mercantile Exchange hog futures rose 1.5 per cent on Friday to hit their highest since mid-October, extending a rally on technical buying. Traders remained focused on the slaughter rate as COVID-19 disruptions have caused slowdowns at meat processors throughout the month. “The industry still isn’t functioning normally, though the processing […] Read more