(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: CME hog futures rise again

Chicago | Reuters — Chicago Mercantile Exchange lean hog contracts landed in positive territory for a second straight day on Friday, lifted by short-covering and technical buying that offset bearish fundamentals, traders said. December lean hogs closed 1.425 cents/lb. higher at 46.8 cents, and February ended 1.675 cents higher at 54 cents (all figures US$).





(Photo courtesy Canada Beef Inc.)

U.S. livestock: Hogs extend rally, cattle snap winning streak

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Tuesday gained for a third straight session, fueled by recently improved prices for slaughter-ready, or cash, hogs and wholesale pork values despite plentiful supplies, said traders. Fund buying developed after December and February futures opened above their respective 20-day moving averages of 42.51 and






(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: Hog futures stumble as supplies grow

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Tuesday slumped for a third consecutive session, weakened by already ample supplies as Smithfield Foods’ East Coast plants return to full operations after being idled by Hurricane Matthew, traders said. Most-actively traded December lean hogs finished down 0.475 cent/lb., to 41.125 cents (all figures