Insights and Stories on Hog Futures

Jul. 29, 2022 at 4:50 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures climbed on Friday, supported by robust beef prices that are likely to remain strong as retailers prepare for Labor Day demand through the month of August. “The retailer will have beef going into the meat case, and that’s going to […]

By Christopher Walljasper

Jul. 27, 2022 at 4:57 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures climbed on Wednesday, after being lower for two days, supported by a strong cash market, as analysts watch for market-ready hog numbers to begin seasonally moving higher. “The cash hog strength is impressive,” said Matthew Wiegand, Risk Management Consultant at […]

By Christopher Walljasper

Jul. 26, 2022 at 5:31 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures eased on Tuesday, pressured by softening cash cattle prices as ranchers trim herds amid prolonged drought in the Southern U.S. Plains. “Marketing is getting pushed forward. Cows are being sent to market because of herd liquidation,” said Doug Houghton, technical […]

Jul. 25, 2022 at 4:28 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Monday as drought conditions across the U.S. Southern Plains continue to degrade grazing land, though gains were limited by smaller-than-expected declines in feedlot placements, analysts said. Ranchers have been pushing cattle into feedlots at higher rates as parched […]

By Christopher Walljasper

Jun. 29, 2022 at 3:53 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures eased on Wednesday, as packers prep for a short processing week after the Fourth of July holiday in the United States, traders said. Packers’ purchases are expected to slow by the end of the week, to avoid having pens full […]

By P.J. Huffstutter