Insights and Stories on Pork

U.S. livestock: CME lean hogs up on tight supplies, good demand

Feb. 4, 2022 at 6:05 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose on Friday as tight hog supplies and strong demand fueled gains for the fifth time in six sessions. The market shrugged off negative technical signals following a lower close in actively traded April futures on Thursday after posting a […]

U.S. livestock: CME hog, cattle futures end lower

Feb. 3, 2022 at 8:10 pm CST

By Julie Ingwersen

JBS reaches ‘icebreaker’ settlement of beef price-fixing claims

Feb. 2, 2022 at 9:49 pm CST

By jonathan-stempel

U.S. livestock: Cash prices, slaughter pace support CME live cattle

Feb. 2, 2022 at 6:22 pm CST

By Karl Plume

U.S. livestock: CME hog, cattle futures hit contract highs

Feb. 1, 2022 at 8:02 pm CST

By Julie Ingwersen

U.S. livestock: CME cattle end higher on rising slaughter pace

Jan. 31, 2022 at 6:33 pm CST

Chicago | Reuters — Benchmark Chicago Mercantile Exchange live cattle futures hit the highest in nearly a month on Monday, supported by an improving U.S. slaughter pace and signs of a shrinking U.S. cattle herd, traders said. CME April live cattle futures settled 1.425 cents higher at 144.525 cents/lb. after […]

By Julie Ingwersen

U.S. livestock: CME cattle futures up with daily slaughter levels

Jan. 28, 2022 at 5:29 pm CST

Chicago | Reuters — Chicago Mercantile Exchange cattle futures firmed on Friday as daily processing levels began to rebound, a sign that COVID-related staffing woes may be easing, traders said. Meatpackers have struggled with staffing shortages due to the surge in Omicron coronavirus infections, traders said, limiting production in recent […]

By P.J. Huffstutter

U.S. livestock: CME lean hogs drop on profit-taking, technical selling

Jan. 27, 2022 at 6:30 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures fell on Thursday, dragged by technical selling and profit-taking following a recent rally to contract highs. Tight U.S. hog supplies had fueled the recent gains and remained a supportive factor, but the market was oversold. “We had a key reversal […]

By Karl Plume

U.S. livestock: CME live cattle up on improved slaughter pace

Jan. 26, 2022 at 7:24 pm CST

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished higher on Wednesday on technical buying and as rising U.S. slaughter rates eased concerns about cattle supply backups. Cattle processing rates have ramped up after pandemic-related staffing shortages at some meat plants. The U.S. Department of Agriculture (USDA) estimated […]

By Karl Plume

U.S. livestock: CME lean hogs hit new contract high on slim supply

Jan. 25, 2022 at 7:06 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures climbed to a new contract high on Tuesday on concerns about tightening U.S. supplies, analysts said. Nearby live cattle and feeder cattle futures also strengthened. U.S. cold storage data, issued after the markets closed on Monday, was supportive for hog […]

By Tom Polansek