Insights and Stories on Hog Futures

Dec. 30, 2021 at 3:38 pm CST

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures fell on Thursday on profit-taking after a previous session rally resulted in several contracts hitting new highs, traders said. CME February live cattle settled down 0.750 cent at 139.975 cents per pound. Feeder cattle futures, which were supported by a […]

By P.J. Huffstutter

Dec. 29, 2021 at 4:30 pm CST

Chicago | Reuters – Chicago Mercantile Exchange livestock futures climbed on Wednesday, as cash cattle prices firmed on concerns around meat supplies to meet anticipated demand going into next year, traders said. Cattle futures ended higher, as beef carcass cutout prices continued to firm and cash cattle traded higher, traders […]

By P.J. Huffstutter

Dec. 28, 2021 at 4:45 pm CST

Chicago | Reuters – Chicago Mercantile Exchange cattle futures finished higher on Tuesday, as slaughter rates increased and carcass cutout values continued to firm, traders said. There is an expectation of beef prices continuing to firm and demand be strong going into the first quarter of 2022, said Doug Houghton, […]

By P.J. Huffstutter

Nov. 5, 2021 at 5:30 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures finished higher on Friday and gained about 1 percent for the week, helped by solid export demand, traders said. Demand from China has been particularly strong, fueled by the appetites of a growing Chinese middle class and diplomatic tensions with […]

By Tom Polansek

Nov. 4, 2021 at 5:49 pm CDT

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures climbed to their highest in nearly two weeks on Thursday, supported by strong weekly export sales and tighter supplies of market-ready hogs, analysts said. “Hog numbers are still running below last year. If that continues to tighten up, I think […]

By Christopher Walljasper