Insights and Stories on Pork

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 […]

U.S. livestock: CME cattle rally to contract highs

Jun. 6, 2023 at 5:04 pm CDT

By Mark Weinraub

U.S. livestock: CME cattle futures rise, hog futures dip

Jun. 5, 2023 at 4:21 pm CDT

By Mark Weinraub

U.S. livestock: CME cattle extend rally on surging cash market

Jun. 2, 2023 at 7:02 pm CDT

By Julie Ingwersen

U.S. livestock: CME live cattle soar as cash prices explode

Jun. 1, 2023 at 7:36 pm CDT

By Julie Ingwersen

U.S. livestock: CME lean hogs bounce on short-covering

May. 31, 2023 at 7:38 pm CDT

Chicago | Reuters — Benchmark July lean hog futures on the Chicago Mercantile Exchange jumped nearly five per cent on Wednesday, extending their two-day rally to 11 per cent on a round of bargain-buying following a months-long slump, traders said. CME July hogs settled up 3.8 cents at 83.325 cents/lb., […]

By Julie Ingwersen

U.S. livestock: CME lean hogs limit-up on bargain buying

May. 30, 2023 at 7:45 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures surged their daily limit on Tuesday, rebounding from Friday’s life-of-contract lows on a round of bargain-buying and short-covering toward the end of the month, and as feed grain futures fell sharply, traders said. “It really got grossly overdone to the bottom […]

By Julie Ingwersen

U.S. livestock: CME hogs down 10 per cent on week

May. 26, 2023 at 6:31 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures dropped to contract lows again on Friday, as poor demand for U.S. pork continued to depress prices. The losses heap more pain on producers who have struggled with weak prices for pigs and high costs for expenses such as feed and […]

By Tom Polansek

U.S. livestock: CME hogs sink to contract lows

May. 25, 2023 at 6:38 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures tumbled to contract lows on Thursday, as excess supplies and sluggish demand for U.S. pork fueled losses for a fifth consecutive session. Weak prices for pigs and high production costs continue to make it unprofitable to raise hogs, leading some analysts […]

By Tom Polansek

U.S. livestock: Hog futures weak on bearish supplies

May. 24, 2023 at 7:22 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell for the fourth day in a row on Wednesday, with a large supply base pressuring the market. Cattle contracts were firm, rising on a round of technical buying. After the close, the U.S. Agriculture Department said frozen U.S. beef stocks […]

By Mark Weinraub