Insights and Stories on Hog Futures

Jan. 6, 2017 at 6:16 pm CST

Chicago | Reuters — Most Chicago Mercantile Exchange live cattle contracts gained modestly on Friday after some investors sold February futures and bought deferred months prior to similar moves next week, said traders. Monday begins the first of five days in which funds that track the Standard + Poor’s Goldman […]

By Theopolis Waters

Jan. 5, 2017 at 5:11 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday gave back some of Wednesday’s gains, pressured by profit-taking and technical selling, said traders. They said early-session futures buying subsided after investors digested this week’s cash prices. February live cattle closed 0.6 cent/lb. lower at 115.075 cents (all […]

By Theopolis Waters

Jan. 4, 2017 at 4:38 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Wednesday reversed the prior day’s losses, with strength from technical buying and short-covering, said traders. February live cattle closed 0.8 cent/lb. higher at 115.675 cents (all figures US$). April ended up 0.775 cent at 114.725 cents and above the […]

By Theopolis Waters

Jan. 3, 2017 at 5:42 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange lean hogs settled lower on Tuesday after profit-taking and fund liquidation dropped futures from an early-session four-month high, said traders. February hogs ended 2.65 cents/lb. lower at 63.5 cents (all figures US$). April closed down 1.175 cents, to 66.9 cents. Both contracts finished […]

By Theopolis Waters

Dec. 30, 2016 at 1:12 pm CST

Chicago/Reuters – Chicago Mercantile Exchange live cattle futures were narrowly mixed on Friday, paring earlier steep gains on end-of-year positioning, traders said. Stronger bids for cattle in U.S. Plains cash markets underpinned prices. But some investors took profits after most-active February futures hit an eight-month high before turning slightly lower. […]

By Michael Hirtzer