Chicago Mercantile Exchange lean hog futures fell on Thursday on profit-taking following recent gains, according to analysts, while declining wholesale meat prices pressured both cattle and hogs.
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U.S. livestock: Lean hogs dip on profit-taking, wholesale meat prices
U.S. livestock: Lean hogs weaken on wholesale pork prices, Goldman roll
Chicago Mercantile Exchange lean hog futures lost ground on Wednesday on weakness in the pork cutout, according to analysts, while cattle futures also retreated on falling wholesale prices.
U.S. livestock: Live cattle recovers on technical trading
Chicago Mercantile Exchange live cattle futures gained strength on Tuesday on technical trading, analysts said, while lean hog futures rose for a second day as traders anticipated growing export demand.
U.S. livestock: Cattle edge higher as Wall Street extends gains
Chicago Mercantile Exchange cattle futures firmed slightly on Thursday as stocks hit record highs on Wall Street for a second day, providing borrowed strength to the livestock markets, analysts said.
U.S. livestock: Lean hogs hit one-week low, pork belly values fall
Chicago Mercantile Exchange lean hog futures fell to their lowest level in more than a week on Tuesday as profit-taking extended the market's setback from contract highs last week, analysts said.
U.S. livestock: Hog futures retreat from contract highs last week
Chicago Mercantile Exchange lean hog futures ended lower on profit taking and technical selling on Monday, brokers said.
U.S. livestock: Hog futures hit contract highs as strong demand fuels rally
Chicago | Reuters – Chicago Mercantile Exchange lean hog futures set new contract highs on Friday as strong domestic and export demand, particularly for U.S. pork bellies and ham, drove the market upward, analysts said. Live cattle futures touched a one-month low, while feeder cattle recovered after reaching the lowest price in more than five
U.S. livestock: Hog futures edge down on profit taking
Chicago Mercantile Exchange lean hog futures pulled back from contract highs on Thursday as traders booked profits ahead of the end of a month, traders said.
U.S. livestock: Hogs hit new contract highs on smaller than expected US slaughter
Chicago Mercantile Exchange lean hog futures hit contract highs for a third day in a row on Wednesday as U.S. supplies continued to be tighter than expected, analysts said.
U.S. livestock: Cattle futures climb on fund buying, strong beef demand
Chicago Mercantile Exchange live and feeder cattle futures rose on Monday on fund buying and strong demand for beef, even as the red meat has become more expensive to consumers, said analysts.
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