Insights and Stories on Hogs

U.S. livestock: CME lean hogs rally on bargain buying

Nov. 7, 2022 at 8:22 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures jumped nearly five per cent on Monday on bargain buying after the benchmark December contract on Friday dipped to its lowest in nearly three weeks, traders said. CME December hogs settled up 4.075 cents at 87.05 cents/lb., surging in early […]

U.S. corn farmers wary of vomitoxin, latest stress on global grain supplies

Nov. 2, 2022 at 9:11 am CDT

By Mark Weinraub P.J. Huffstutter

U.S. livestock: Supply concerns drive CME live cattle to new contract high

Oct. 26, 2022 at 4:30 pm CDT

By Tom Polansek

U.S. livestock: Cattle, hog futures rise on robust beef, pork demand

Oct. 21, 2022 at 6:29 pm CDT

By Mark Weinraub

U.S. livestock: Live cattle futures extend gains

Oct. 20, 2022 at 4:43 pm CDT

By Mark Weinraub

U.S. livestock: Cattle, hog futures rise on cash market strength

Oct. 19, 2022 at 5:07 pm CDT

Chicago | Reuters — Chicago Board of Trade hog and cattle futures rose on Wednesday, following gains made in the cash market earlier this week, traders said. CME December lean hog futures gained 0.9 cent to settle at 87.375 cents/lb. (all figures US$). The contract faced technical resistance at the […]

By Mark Weinraub

Pork packer Olymel laying off dozens of managers

Oct. 18, 2022 at 8:20 pm CDT

Major Canadian pork and poultry packer Olymel has laid off 57 people from its management ranks and eliminated another 120 administrative positions, citing the company’s current “market context and growth challenges.” Olymel, the meat packing arm of Quebec-based Sollio Cooperative Group, said Tuesday its affected employees were notified Monday and […]

By Dave Bedard

U.S. livestock: Live cattle futures hit over seven-year high

Oct. 18, 2022 at 7:20 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle contracts rose on Tuesday and the front-month contract hit its highest in more than seven years on strength in the cash market, traders said. Hog futures were also firm, with chart-based buying after contracts broke through key technical resistance points on […]

By Mark Weinraub

U.S. livestock: Live cattle, hog futures hit multi-week highs

Oct. 17, 2022 at 4:49 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog and live cattle futures rallied to multi-week highs on Monday. CME December lean hog futures rose 2.7 cents to settle at 84.95 cents/lb. (all figures US$). The contract peaked at 85.1 cents, its highest since Sept. 23, and rose above its 100-day […]

By Mark Weinraub

U.S. livestock: Lean hog futures rise on good demand

Oct. 14, 2022 at 6:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to a near three-week high on Friday as strong demand and improved pork packer margins sparked buying ahead of the weekend, traders said. Another solid week of pork export sales added support, soothing concerns about rising supplies of market-ready […]

By Karl Plume