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Tag Archives Lean Hog

(Regis Lefebure photo courtesy ARS/USDA)
Livestock, Markets

U.S. livestock: Ample supplies drop hogs

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Tuesday fell for a third consecutive session, dragged down by weaker cash and wholesale pork prices amid abundant seasonal supplies, said traders. December closed down 0.775 cent/lb. to 46.125 cents, and February ended 0.7 cent/lb. lower at 52.9 cents (all figures US$). “There are
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: CME live cattle finish mostly firmer

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Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts on Monday finished modestly higher after investors sold December futures and simultaneously bought deferred months in a trading strategy known as bear-spreading, traders said. December live cattle closed down 0.025 cent per pound at 105.575 cents (all figures US$). February ended up 0.225 cent
(Regis Lefebure photo courtesy ARS/USDA)
Beef cattle, Hogs, Livestock, Markets

U.S. livestock: Hogs surge on technical buying, cattle mostly higher

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Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures soared three per cent on Wednesday, rebounding on technical buying from the steep losses seen in the previous session, traders and analysts said. Cattle futures also were mostly higher, even as some contracts edged slightly lower after hitting one-month peaks. Higher prices for wholesale beef
(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets

U.S. livestock: CME hog futures rise again

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Chicago | Reuters — Chicago Mercantile Exchange lean hog contracts landed in positive territory for a second straight day on Friday, lifted by short-covering and technical buying that offset bearish fundamentals, traders said. December lean hogs closed 1.425 cents/lb. higher at 46.8 cents, and February ended 1.675 cents higher at 54 cents (all figures US$).
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Hogs extend rally, cattle snap winning streak

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Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Tuesday gained for a third straight session, fueled by recently improved prices for slaughter-ready, or cash, hogs and wholesale pork values despite plentiful supplies, said traders. Fund buying developed after December and February futures opened above their respective 20-day moving averages of 42.51 and

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