Insights and Stories on Pork

U.S. livestock: Hog futures firm on technical buying

Oct. 6, 2022 at 5:28 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed for the second day in a row on Thursday, with technical buying supporting prices following the market’s bounce from a 10-month low on Wednesday, traders said. CME December lean hog futures settled up 1.275 cents at 77.775 cents/lb. (all […]

U.S. livestock: CME hogs up off 10-month low on bargain-buying

Oct. 5, 2022 at 7:34 pm CDT

By Julie Ingwersen

U.S. livestock: CME lean hogs, live cattle retreat on technical selling

Oct. 4, 2022 at 7:55 pm CDT

By Julie Ingwersen

U.S. livestock: CME cattle, hogs up on technical buying, short-covering

Oct. 3, 2022 at 7:16 pm CDT

By Tom Polansek

U.S. livestock: CME live cattle lower, underpinned by tight supply

Sep. 30, 2022 at 6:42 pm CDT

By Christopher Walljasper

U.S. livestock: CME December hogs ease

Sep. 29, 2022 at 5:09 pm CDT

Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange eased on Thursday ahead of the U.S. Agriculture Department’s quarterly hog and pigs report, released after the market closed. CME October hogs firmed 0.75 cent at 89.45 cents/lb., but most-active December hogs fell 0.1 cent to […]

By Christopher Walljasper

Smithfield Foods to pay US$75 million in pork price-fixing settlement

Sep. 29, 2022 at 3:23 pm CDT

Reuters — Smithfield Foods has agreed to pay US$75 million to settle a lawsuit by consumers who accused the meat producer and several competitors of conspiring to inflate prices in the $20 billion-a-year U.S. pork market by limiting supply. A preliminary settlement in the antitrust case was filed on Tuesday […]

By jonathan-stempel

U.S. livestock: CME December hogs extend slide on long liquidation

Sep. 28, 2022 at 7:03 pm CDT

Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange continued their slide on Wednesday, hitting a nine-month low on recession worries and long liquidation. CME October hogs ended up 0.675 cent at 89.375 cents/lb. (all figures US$). But most-active December hogs fell 0.425 cent to […]

By Julie Ingwersen

U.S. livestock: CME hogs tumble to nine-month low on recession fears

Sep. 27, 2022 at 7:15 pm CDT

Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange fell for a fifth consecutive session on Tuesday, touching a nine-month low as fears of a recession hurting consumer demand for meat triggered another round of long liquidation, traders said. Sliding prices for cash hogs and […]

By Julie Ingwersen

U.S. livestock: CME cattle, hog futures fall to multi-month lows

Sep. 26, 2022 at 7:40 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures hit a two-month low on Monday and the benchmark December lean hogs contract hit an eight-month low as worries about the U.S. and world economy triggered a round of long liquidation, analysts said. “This market is looking for positive news, […]

By Julie Ingwersen