Chicago | Reuters — U.S. lean hogs climbed 1.7 per cent on Tuesday, rallying on technical and investment fund buying after falling to more than four-month lows last week, traders and analysts said. Rising wholesale pork prices also bolstered hog futures amid expectations the meat was becoming more competitive with more pricier beef cuts. Live […] Read more
U.S. livestock: Hogs rally from four-month lows on fund buying
U.S. livestock: CME hogs rise on firmer cash, pork prices
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday, helped by modest cash and wholesale pork price gains, said traders. Investors unwound some of Tuesday’s long CME live cattle short lean hog spreads that, along with buy stops and speculative buying, sent some deferred hog contracts to new highs. December […] Read more
U.S. livestock: Hog futures surge on technical bounce
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures surged more than three per cent on Friday while live cattle gained about one per cent, lifted by chart-based and investment fund buying, traders and analysts said. Hog futures had tumbled to a roughly 11-month low on Wednesday, before stabilizing on Thursday and then rising […] Read more
U.S. livestock: Cattle slump to two-month low
Chicago | Reuters — U.S. live cattle futures extended losses to a more than two-month low on Wednesday as investors liquidated long positions amid declining wholesale beef prices and expectations for weaker cash cattle markets, traders and analysts said. Higher corn futures also boosted feed costs for fattening cattle, weighing on feeder cattle futures, while […] Read more
U.S. livestock: Hogs rise on pork gains
Chicago | Reuters — U.S. lean hog futures climbed to fresh life-of-contract highs on Monday, gaining on bear-spreading as wholesale pork prices reached the highest levels in more than two years. Dealers continued to buy back Chicago Mercantile Exchange July hog contracts and roll positions into deferred months such as most-active August hog futures, traders […] 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: Firm cash, pork prices lift CME hogs
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Monday, supported by the morning’s cash and wholesale pork price gains, traders said. The spot-October contract closed 0.95 cent/lb. higher at 66.275, and December up 0.35 cent at 62.3 cents (all figures US$). Monday morning’s average cash hog price in the western […] Read more
Cyber-Savvy Farmer
