Insights and Stories on Lean Hog

Jun. 2, 2016 at 3:02 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures posted slight gains on Thursday in anticipation of packers paying the same or more for supplies than last week, traders said. June live cattle closed 0.3 cent/lb. higher at 121.725 cents, and August ended up 0.2 cent, to 117.65 cents […]

By Theopolis Waters

Jun. 1, 2016 at 7:01 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished mixed on Wednesday after the morning’s higher wholesale beef prices prompted traders to buy the June contract and simultaneously sell August, traders said. June live cattle closed up 0.325 cent/lb. to 121.425 cents, and August ended 0.6 cent lower […]

By Theopolis Waters

May. 26, 2016 at 4:44 pm CDT

Chicago | Reuters –– U.S. lean hog futures rose as much as two per cent on Thursday, rallying to the highest levels in a week on gains in pork prices and as investors exited short positions ahead of a long holiday weekend, traders said. Most-active July hogs settled 1.45 cents […]

By Michael Hirtzer

May. 25, 2016 at 4:00 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures gained on Wednesday, helped by short-covering and bargain hunting after recent market losses, traders said. But expectations of softer market-ready, or cash, cattle prices by Friday, and subsequent increased supplies, tempered market advances, traders said. “Futures is an anticipatory market. […]

By Theopolis Waters

May. 24, 2016 at 4:04 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped for a second straight session on Tuesday, pressured by follow-through selling and potentially softer cash prices later this week, traders said. June live cattle closed down 0.15 cent/lb. at 118 cents, and August ended 1.275 cents lower at 113.175 […]

By Theopolis Waters