
U.S. livestock: Speculative buying rallies CME lean hogs
Chicago | Reuters –– Chicago Mercantile Exchange lean hog contracts closed higher on Tuesday, strengthened by short-covering and speculative buying in anticipation of tighter seasonal supplies, traders said. Spot February finished 2.2 cents/lb. higher at 61.9 cents, and April ended 1.825 cents higher at 67.3 cents (all figures US$). “Packer […]