Insights and Stories on Pork

U.S. livestock: CME live cattle hit three-week peak on tightening U.S. supply

Mar. 29, 2023 at 5:25 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures marched to a three-week high on Wednesday on expectations for tighter U.S. supplies, analysts said. Feeder cattle futures also advanced, while lean hogs softened. Technical buying helped support live cattle, analysts said, after a drop near eight-week lows last week […]

U.S. livestock: CME live cattle futures top two-week highs

Mar. 28, 2023 at 7:50 pm CDT

By Tom Polansek

U.S. livestock: CME live cattle exceed two-week highs in rebound

Mar. 27, 2023 at 7:00 pm CDT

By Tom Polansek

U.S. livestock: CME hogs slide to new contract lows, finish mixed

Mar. 23, 2023 at 7:45 pm CDT

By Tom Polansek

U.S. livestock: CME hogs fall to contract lows on demand worries

Mar. 22, 2023 at 4:51 pm CDT

By Tom Polansek

U.S. livestock: CME lean hogs hit contract lows on follow-through selling

Mar. 21, 2023 at 6:19 pm CDT

Chicago | Reuters –– Chicago Mercantile Exchange lean hog futures dropped to contract lows on Tuesday on follow-through and technical selling after recent slides, traders said. Front-month April lean hogs settled down 0.725 cent at 77.05 cents/lb. after hitting a contract low at 77 cents (all figures US$). The contract […]

By Tom Polansek

U.S. livestock: June live cattle, hogs continue lower

Mar. 20, 2023 at 8:04 pm CDT

Chicago Mercantile Exchange’s most-active June live cattle and lean hog contracts continued on a downward track in Monday’s trade. June live cattle closed Monday at $155.525, beneath the lower end of its 20-day Bollinger range and down 87.5 cents from Friday’s close (all figures US$ per hundredweight). Front-month April, meanwhile, […]

By Dave Bedard

U.S. livestock: Nearby CME lean hogs recover slightly from slide

Mar. 17, 2023 at 7:35 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended slightly higher in the nearby contract on Friday in a rebound from steep declines this week, though deferred contracts extended losses, traders said. Lower cutout values continue to hang over the futures market, along with broader pressure from market […]

By Tom Polansek

U.S. livestock: Hogs limit down on disease chatter

Mar. 16, 2023 at 5:41 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures sank by the maximum daily trading limit on Thursday on rumours about a potential outbreak of a fatal pig disease which the U.S. government later said were untrue. Unsubstantiated chatter about a U.S. case of African swine fever swirled in […]

By Tom Polansek

U.S. livestock: CME cattle set multi-week lows as bank selloff hits Wall Street

Mar. 15, 2023 at 7:58 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange cattle futures tumbled to multi-week lows on Wednesday as losses in U.S. stocks and fears about a banking crisis spilled into livestock markets, analysts said. The Dow and S+P 500 closed lower as problems at Credit Suisse piled more pressure on the banking […]

By Tom Polansek