U.S. livestock: Hogs tumble most since March

Chicago | Reuters — U.S. lean hog futures plummeted by two per cent or more on Wednesday, notching their largest daily declines since March on technical selling and investment fund liquidation, traders and analysts said. Traders also were taking profits in hogs following their 1-1/2-year highs touched last week and ahead of a quarterly U.S.






(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle ease on cash weakness, lean hogs gain

Chicago | Reuters –– Chicago Mercantile Exchange live and feeder cattle futures were mostly lower on Thursday as investors continued to liquidate their holdings amid expectations for more lower prices in cash cattle markets, traders and analysts said. All feeder cattle contracts fell to lifetime lows, knocking out what had been their previous life-of-contract lows