Insights and Stories on CME

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U.S. livestock: CME hogs jump on bargain hunting, cattle firm

Feb. 12, 2015 at 5:38 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed higher on Thursday, fueled by bargain hunting in the technically oversold market, traders said. February, which will expire on Friday, closed 0.725 cent per pound higher at 61.95 cents, and April up 0.675 cent, to 64.5 cents (all figures US$). […]

U.S. livestock: CME live cattle, hogs slump on demand, supply jitters

Feb. 11, 2015 at 5:30 pm CST

By Theopolis Waters

U.S. livestock: CME live cattle, hog futures close mixed

Feb. 10, 2015 at 5:05 pm CST

By Theopolis Waters

U.S. livestock: CME hog futures resume slide to six-year low

Feb. 9, 2015 at 4:31 pm CST

By Theopolis Waters

U.S. livestock: Bargain hunters reverse CME hog futures losses

Feb. 6, 2015 at 5:49 pm CST

By Theopolis Waters

CME expects US$10M savings per year closing futures pits

Feb. 6, 2015 at 3:22 am CST

New York | Reuters –– CME Group will save US$10 million (C$12.4 million) per year after it shuts nearly all of its futures pits in New York and Chicago, a spokesman said Thursday, as the world’s biggest futures exchange pushes ahead with cost-cutting measures. While that may be a significant […]

By Reuters

U.S. livestock: CME hog futures hit six-year low as supply woes persist

Feb. 5, 2015 at 6:13 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hogs sagged to a six-year low Thursday, pressured by continued worries over plentiful supplies that sank futures to a five-year bottom on Wednesday, traders said. February closed 1.825 cents per pound lower at 63.275 cents, and set a new contract low of […]

By Theopolis Waters

CME Group to close most open-outcry futures trading pits

Feb. 4, 2015 at 7:00 pm CST

Chicago | Reuters — CME Group will shutter most of its open-outcry futures pits by July 2, the world’s largest futures market operator said Wednesday, bringing down the curtain on a once-raucous tradition that has been in decline since the rise of computerized trading. The decision ousts traders of products […]

By Tom Polansek

U.S. livestock: Supply worries drop lean hogs to five-year low

Feb. 4, 2015 at 6:43 pm CST

Chicago | Reuters — Chicago Mercantile Exchange (CME) lean hogs fell to their lowest level in five years Wednesday as abundant supplies of heavyweight hogs pressured cash prices and hurt wholesale pork demand, traders said. “We’re simply supply-bearish,” said U.S. Commodities analyst Don Roose. Market-ready (cash) hogs in the Midwest […]

By Theopolis Waters

U.S. livestock: CME live cattle rebound with beef prices

Feb. 3, 2015 at 5:18 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures settled higher after Tuesday’s choppy session, supported by the wholesale beef price upswing that trumped initial selling, traders said. February closed 0.55 cent per pound higher at 153.75 cents, and April up 0.975 cent, to 150.575 cents (all figures US$). […]

By Theopolis Waters