(Regis Lefebure photo courtesy ARS/USDA)

U.S. livestock: CME hogs finish higher

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained for a second straight day on Tuesday in a quiet session, with help from short-covering and technical buying, traders said. April closed up 0.325 cent/lb., to 70.25 cents (all figures US$). May ended 0.575 cent higher at 78.85 cents and June finished up 0.475


(CMEGroup.com)

U.S. livestock: Hog futures jump on fund buying, USDA report

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Monday, driven by short-covering and fund buying after contracts broke through technical resistance levels, traders said. They said last Friday’s U.S. Department of Agriculture quarterly hog report stirred additional deferred-month buying. The survey showed modest U.S. herd growth during the December-February quarter










(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME live cattle ease ahead of cash prices, USDA report

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Thursday, weakened by profit-taking as investors wait for market-ready, or cash, cattle to change hands by Friday, traders said. Some traders also positioned themselves for Friday’s U.S. Department of Agriculture monthly Cattle on Feed report. April live cattle ended 0.4 cent/lb. lower