Hogs

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Friday closed higher after volatile action, stirred by short-covering following recent market losses pegged to fund selling and sagging cash prices, traders said. Despite this week’s lower prices for market-ready or cash cattle, futures remained underpriced based on those returns which attracted buyers. August

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Wednesday closed lower, pressured by fund liquidation that erased short-covering advances early in the session, traders said. More selling developed after the August and October contracts slipped below their respective 10-day moving averages of 152.31 and 155.03 cents, which triggered sell stops. August live

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday settled up sharply, supported by slaughter-ready or cash prices that hit all-time highs, traders said. Cash cattle in Kansas and Texas moved at mostly $158 per hundredweight (cwt), topping last week’s record by $3, according to feedlot sources (all figures US$). Feedlots were

Chicago | Reuters — Chicago Mercantile Exchange hog futures closed sharply higher on Monday, with most months up the three-cent daily price limit as investors covered short positions after learning a pig virus has hit the U.S. hog herd harder than expected, traders said. Friday’s U.S. Department of Agriculture hog report showed a bigger-than-expected decline