(Gloria Solano-Aguilar photo courtesy ARS/USDA)

U.S. livestock: CME hogs notch three-month high

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures hit a three-month high on Friday, with help from buy stops and technical buying, traders said. December futures led advances after investors bought the contract and simultaneously sold deferred months. December hogs, which will expire on Wednesday, closed 1.05 cents/lb. higher at 56.725 cents (all



(CMEGroup.com)

U.S. livestock: Higher cash, pork prices extend hogs’ rally

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures gained for a third straight day on Wednesday, led by upward-trending cash and wholesale pork prices, said traders. December hogs closed up 1.325 cents/lb. at 54.7 cents (all figures US$). Most actively traded February ended 2.275 cents/lb. higher at 59.75 cents. Packers are content to