Insights and Stories on Hogs

Olymel bacon plant deal a ‘signal,’ union says

Jun. 20, 2023 at 8:31 pm CDT

Unionized workers at Olymel’s bacon processing plant at Drummondville, Que. have voted to accept a four-year deal, ending a three-week strike and serving as a “signal” to employers in the region, their union said. Olymel announced Friday that CSN-represented workers at the Bacon Inter-America facility, who’d been on strike since […]

U.S. livestock: Hogs rally to nine-month high; cattle ease

Jun. 20, 2023 at 6:43 pm CDT

By Mark Weinraub

U.S. livestock: CME live cattle up as beef prices climb

Jun. 16, 2023 at 7:09 pm CDT

By Julie Ingwersen

U.S. livestock: CME live cattle inch higher in technical bounce

Jun. 15, 2023 at 7:22 pm CDT

By Julie Ingwersen

U.S. livestock: CME live cattle fall on technical selling

Jun. 14, 2023 at 7:41 pm CDT

By Julie Ingwersen

U.S. livestock: CME live cattle end up as beef prices rise

Jun. 13, 2023 at 8:06 pm CDT

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange closed higher on Tuesday, rallying from early declines, as strong beef prices and tight cattle supplies buoyed futures, traders said. CME August live cattle futures settled up 0.725 cent at 173.925 cents/lb. (all figures US$). August feeder cattle […]

By Julie Ingwersen

U.S. livestock: CME lean hogs extend climb on bargain-buying

Jun. 12, 2023 at 7:39 pm CDT

Chicago | Reuters — Benchmark lean hog futures on the Chicago Mercantile Exchange set a one-month high on Monday on short-covering and bargain-buying as the July contract extended its rebound from life-of-contract lows set in late May, traders said. CME July lean hogs settled up 1.975 cents at 91.6 cents/lb. […]

By Julie Ingwersen

U.S. livestock: CME lean hogs touch one-month high

Jun. 9, 2023 at 5:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures hit their highest level in more than a month on Friday following gains in cash prices. Recent advances in futures have built some upward momentum into the market, brokers said, though the sector continues to grapple with an excess of […]

By Tom Polansek

U.S. livestock: CME cattle down second day in a row

Jun. 8, 2023 at 5:14 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures fell Thursday on a wave of follow-through selling after contracts posted their first losses in more than a week on Wednesday. Hog futures closed firm but remained below recent peaks. Benchmark CME August live cattle futures settled down 0.95 cent at […]

By Mark Weinraub

U.S. livestock: CME cattle weaken off new contract highs

Jun. 7, 2023 at 4:17 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures weakened on a technical setback on Wednesday, closing in negative territory after rising to fresh contract highs during the session. Hog futures were also weaker. Benchmark CME August live cattle futures settled down 2.3 cents at 173.2 cents/lb. after posting a […]

By Mark Weinraub