Insights and Stories on Lean Hog

Nov. 9, 2015 at 5:05 pm CST

Chicago | Reuters –– The Chicago Mercantile Exchange saw all of its live cattle and all but two feeder cattle futures contracts fall by the daily trading limit on Monday, pressured by technical selling and weakening wholesale beef prices, traders and industry analysts said. Meanwhile, CME lean hog contracts continued […]

By P.J. Huffstutter

Nov. 6, 2015 at 5:27 pm CST

Chicago | Reuters –– Chicago Mercantile Exchange lean hog contracts drifted to a six-year low for a second straight day on Friday as plentiful seasonal supplies pulled prices for market-ready (cash) hogs lower, traders said. Spot December finished 0.4 cent/lb. lower at 55 cents, and February ended down 0.3 cent […]

By Theopolis Waters

Oct. 27, 2015 at 4:27 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures finished lower on Tuesday, pressured by cash price pessimism that later improved, following unexpectedly better cash prices which lifted contracts from morning lows, traders said. Spot October closed 2.875 cents/lb. lower at 136.675 cents, but is currently down 0.675 cents, […]

By Theopolis Waters

Oct. 26, 2015 at 5:23 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed lower on Monday, following last Friday’s cash prices that fell short of expectations and worries over potential consumer response to news about a possible tie to red meat and cancer risk, traders said. The World Health Organization (WHO) warned […]

By Theopolis Waters

Oct. 13, 2015 at 4:11 pm CDT

Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle contracts ended moderately lower on Tuesday, with October helped by the upturn in wholesale beef prices and anticipation of higher cash prices later in the week, traders said. But, they said, profit-taking and uneasiness about cattle supplies in the coming […]

By Theopolis Waters