Insights and Stories on Hog Futures

Jan. 12, 2016 at 4:30 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange lean hog contracts closed higher on Tuesday, strengthened by short-covering and speculative buying in anticipation of tighter seasonal supplies, traders said. Spot February finished 2.2 cents/lb. higher at 61.9 cents, and April ended 1.825 cents higher at 67.3 cents (all figures US$). “Packer […]

By Theopolis Waters

Jan. 11, 2016 at 7:04 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished lower on Monday, pressured by uncertainty over cash prices later this week, traders said. February live cattle closed 0.65 cent/lb. lower at 132.225 cents, and April ended down 0.775 cent, to 133.05 cents (all figures US$). Typically, cash bids […]

By Theopolis Waters

Jan. 8, 2016 at 4:17 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts settled lower following Friday’s volatile session, stirred by funds that sold February and bought deferred contracts in accordance with the Standard + Poor’s Goldman Sachs Commodity Index (S+PGSCI), said traders. Friday was the first of five days of the S+PGSCI […]

By Theopolis Waters

Jan. 7, 2016 at 4:54 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange live cattle contracts ended Thursday’s session down by their three cents/lb. daily price limit, rattled by lower preliminary cash prices and deteriorating U.S. stock futures amid China’s economic woes, traders said. February live cattle and April ended at 133.525 cents and 134.3 cents, […]

By Theopolis Waters

Jan. 7, 2016 at 2:38 pm CST

CNS Canada — A weak loonie could improve the profit margin of Canadian pork producers by summer, according to one analyst, but its effects have been little seen in the current market. Influencers outside of currency markets are driving current cash prices lower — and cash prices are relatively depressed, […]

By Jade Markus