Chicago | Reuters — U.S. lean hog futures were mostly about two per cent lower on Thursday, easing on technical selling and investment fund liquidation, traders and analysts said. Hog futures fell sharply to their session lows at 10:10 a.m. CT in what two traders called a “flash crash,” before prices recouped a portion of
U.S. livestock: Hogs ease in technical selloff
U.S. grains: MGEX spring wheat eases on rains
Chicago | Reuters — U.S. grain and soy futures were mostly lower on Wednesday, with MGEX spring wheat declining from an earlier 2-1/2-year high on pressure from technical selling and forecasts for crop-friendly rainfall, traders and analysts said. Chicago Board of Trade corn futures declined the most as scattered rains fell in the Midwestern crop
U.S. livestock: Hogs rebound as wholesale pork hits two-year high
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped as much as two per cent on Tuesday, rebounding from losses in the previous session on support from sharply higher wholesale pork prices, traders and analysts said. Prices for U.S. pork extended gains to the highest levels in more than two years, according to
U.S. livestock: Cattle, hog futures ease on fund selling
Chicago | Reuters –– U.S. cattle and hog futures fell one per cent or more on Monday, pressured by chart-based and investment fund selling, traders and analysts said. Lower-than-expected prices in cash cattle markets late last week further weighed on futures, even as rising U.S. wholesale beef prices suggested meat demand remained strong. Chicago Mercantile
U.S. livestock: Cattle futures firm
Chicago | Reuters — U.S. live cattle futures rose on Wednesday in a rebound from losses in the previous session while some lean hog contracts weakened following recent gains in technically driven consolidation trade, traders and analysts said. Rising wholesale beef prices buoyed cattle futures as retailers bought to stock meat coolers ahead of the
U.S. livestock: Cattle tumble in technical selloff after contract highs
Chicago | Reuters — U.S. live cattle futures fell more than one per cent on Tuesday, reversing from earlier life-of-contract highs on pressure from investment fund and technical selling, traders and analysts said. Feeder cattle futures declined by their daily price limit of 4.5 cents/lb. while lean hog futures were mostly one per cent higher
U.S. livestock: Cattle extend gains as beef prices rise
Chicago | Reuters — U.S. cattle futures climbed about one per cent on Monday, with several deferred live cattle contracts notching lifetime highs and front-month feeders hitting a 15-month peak on investment fund buying tied to gains in beef prices. Some cattle futures contracts reversed from earlier small losses at midday, boosted by U.S. Department
Canada beats U.S. in pork sales to China – feet, elbows and all
Winnipeg/Chicago/Beijing | Reuters — Canada has overtaken the United States as the top North American supplier of pork to China as farmers and meat packers in both nations battle for lucrative shares of the biggest global market. Canada’s pork sales to China, after a sharp rise last year, exceeded those of the U.S. in the
U.S. grains: Soy slips to 13-month low
Chicago | Reuters — U.S. soybean futures fell to a 13-month low on Friday while corn and wheat each gained more than one per cent on spreading and position squaring ahead of a three-day weekend, traders and analysts said. Some traders sold soybeans and bought corn as wet weather in the Midwestern crop belt was
U.S. livestock: Hogs gain, cattle ease on spread unwinding
Chicago | Reuters — U.S. lean hog futures rose to a three-month high on Tuesday while live cattle declined as some investors unwound hog-cattle spreads, traders and analysts said. Traders locked in profits on long cattle-short hog spreads, with Chicago Mercantile Exchange live cattle declining for the first time in four sessions and easing from
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