
U.S. livestock: CME hog futures hit five-year low as supply trumps demand
Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures sank to their lowest level in five years on Thursday, given ample supplies versus slack pork demand, said traders and analysts. “Pork demand never recuperated from the high prices we had in the past,” said EBOTTrading.com senior analyst John Kleist. […]