Insights and Stories on Hogs

U.S. livestock: Cattle, hogs mostly down on weak margins, inflation worries

Oct. 13, 2022 at 7:10 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures ended mostly lower on Thursday on eroding meat packer margins and as soaring inflation raises demand concerns, traders said. Technical selling and profit-taking further fueled declines in livestock futures after live cattle and lean hog contracts touched 2-1/2-week highs […]

U.S. livestock: Live cattle mostly up with consumption forecast

Oct. 12, 2022 at 6:15 pm CDT

By Karl Plume

U.S. livestock: Live cattle firm as packer margins turn negative

Oct. 11, 2022 at 6:19 pm CDT

By P.J. Huffstutter

U.S. livestock: Hog futures firm on technical buying

Oct. 6, 2022 at 5:28 pm CDT

By Reuters

U.S. livestock: CME hogs up off 10-month low on bargain-buying

Oct. 5, 2022 at 7:34 pm CDT

By Julie Ingwersen

U.S. livestock: CME lean hogs, live cattle retreat on technical selling

Oct. 4, 2022 at 7:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange benchmark December lean hog futures fell about four per cent on Tuesday, hitting a 10-month low on technical selling and worries about consumer demand for meat, traders said. Brokers shrugged off strength in outside markets including crude oil and Wall Street equity markets, […]

By Julie Ingwersen

U.S. livestock: CME cattle, hogs up on technical buying, short-covering

Oct. 3, 2022 at 7:16 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle, feeder cattle and lean hog futures strengthened on Monday on technical buying and short covering, after recent selloffs were overdone, brokers said. Concerns about the risks for a global recession, which could reduce demand for beef, continued to hang over livestock […]

By Tom Polansek

U.S. livestock: CME live cattle lower, underpinned by tight supply

Sep. 30, 2022 at 6:42 pm CDT

Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange eased on Friday, pressured by softening cash trade across the U.S. Plains, though markets remain supported by tightening supplies as producers continue to liquidate their herds, analysts said. “Our short-term supply issues are still front and centre. […]

By Christopher Walljasper

U.S. livestock: CME December hogs ease

Sep. 29, 2022 at 5:09 pm CDT

Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange eased on Thursday ahead of the U.S. Agriculture Department’s quarterly hog and pigs report, released after the market closed. CME October hogs firmed 0.75 cent at 89.45 cents/lb., but most-active December hogs fell 0.1 cent to […]

By Christopher Walljasper

Smithfield Foods to pay US$75 million in pork price-fixing settlement

Sep. 29, 2022 at 3:23 pm CDT

Reuters — Smithfield Foods has agreed to pay US$75 million to settle a lawsuit by consumers who accused the meat producer and several competitors of conspiring to inflate prices in the $20 billion-a-year U.S. pork market by limiting supply. A preliminary settlement in the antitrust case was filed on Tuesday […]

By jonathan-stempel