Insights and Stories on Pork

U.S. livestock: CME lean hogs touch one-month high

Jun. 9, 2023 at 5:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures hit their highest level in more than a month on Friday following gains in cash prices. Recent advances in futures have built some upward momentum into the market, brokers said, though the sector continues to grapple with an excess of […]

U.S. livestock: CME cattle down second day in a row

Jun. 8, 2023 at 5:14 pm CDT

By Mark Weinraub

U.S. livestock: CME cattle weaken off new contract highs

Jun. 7, 2023 at 4:17 pm CDT

By Mark Weinraub

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

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures extended their run of life-of-contract highs on Friday, supported by a jump in cash cattle prices this week along with rising beef prices, traders said. Benchmark CME August live cattle futures settled up 0.525 cent at 172.9 cents/lb. after posting […]

By Julie Ingwersen

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

Jun. 1, 2023 at 7:36 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures surged on Thursday as cash cattle traded as high as US$180/cwt in Texas and Kansas, up to US$9 higher than last week, reflecting strong demand from meat-packers amid rising beef prices and tightening cattle supplies, traders said. CME’s most-active August […]

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