Lean hog futures climbed at Chicago Mercantile Exchange on Thursday as the market rebounded from recent losses amid short covering and hopes that cash prices may have reached a bottom, analysts said.
Tag Archives hogs
U.S. livestock: CME lean hogs jump following recent slide
Live cattle futures have bounced a bit after sinking last week to a 14-month low
U.S. livestock: CME hogs decline further as cattle face renewed pressure
"I think we're still trying to hunt for a bottom": analyst
Chicago Mercantile Exchange lean hog futures extended a slump, as live cattle futures came under renewed pressure with broad selling hitting agricultural markets on Wednesday.
U.S. livestock: CME cattle rise with boxed beef prices, bounce from recent decline
CME lean hogs hit lowest price since Nov. 28 contract low
Chicago | Reuters -- Chicago Mercantile Exchange live cattle futures advanced on Monday as wholesale beef prices increased and the market rebounded from a 2% slide last week, brokers said.
CME cattle futures rout continues; hogs end lower
Despite small U.S. herd, placement into feedlots have been above last year's levels
Live cattle futures on the Chicago Mercantile Exchange dropped on Thursday to fresh multi-month lows on technical selling and weak beef prices at a time when feedlot supplies of market-ready cattle are rising, analysts said.
Smithfield Foods ends contracts with 26 US pig farms, citing oversupply
American pork producers have been losing money as pig prices, consumer demand bump against high costs
Smithfield Foods said it will end contracts with 26 hog farms in the U.S. state of Utah, in the latest contraction by the world's largest pork processor in the face of an industry oversupply.
Letters: Why the cover up?
In response to the Nov. 2 article,“The Catch-22 on animal activism.”: Cam Dahl, general manager of Manitoba Pork, voices concern about the threat of disease outbreaks to the Manitoba hog industry. He tells readers that legislation like the now-law Bill 62 is a necessary step for those who trespass onto farm operations. However, he does not
U.S. Livestock: CME cattle down sharply on fund selling, ending near week’s lows
CME lean hog futures followed cattle contracts lower
Chicago Mercantile Exchange cattle futures plunged for a second straight session on Friday on fund long liquidation, closing out a volatile week of trading in the livestock pits with prices for live and feeder cattle contracts ending near the week's lows.
U.S. livestock: CME cattle drop on fund selling, beef demand concerns
Chicago lean hogs continue higher
Chicago | Reuters — Chicago Mercantile Exchange cattle futures dropped on Thursday after two sessions of gains, pressured by fund long liquidation and as higher corn feed prices and worries about demand for high-priced beef cuts hung over the market. Technical selling accelerated the break, the live cattle market’s sixth in the last eight sessions,
U.S. livestock: CME cattle gain for second straight day after selloff
Chicago lean hog futures also firm
Chicago | Reuters — Chicago Mercantile Exchange cattle futures rose for a second consecutive session on Wednesday on short covering and follow-through technical and bargain buying after the market plunged to multi-month lows to start the week. Improving packer margins and futures’ steep discount to cash cattle prices also supported the market following the fund-selling
U.S. livestock: CME cattle up on short covering, discount to cash
Short covering also lifts CME hogs
Chicago | Reuters — Chicago Mercantile Exchange cattle futures surged on Tuesday in a short-covering rebound from multi-month lows in the prior session, supported by the market’s steep discount to cash market prices. Feeder cattle futures rose by as much as the daily trading limit, triggering expanded limits for both feeders and live cattle for
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