Insights and Stories on Pork

Jun. 28, 2024 at 4:59 pm CDT

Chicago Mercantile Exchange cattle futures turned lower on Friday on technical trading, month-end positioning and ongoing concerns that high retail beef prices could chill consumer demand later this summer, traders said.

By P.J. Huffstutter, Reuters

Jun. 27, 2024 at 4:19 pm CDT

Chicago Mercantile Exchange lean hog futures turned lower on Thursday, ahead of a quarterly government report that many traders had predicted would show that U.S. farmers had a slightly larger hog herd, traders said.

By P.J. Huffstutter, Reuters

Jun. 26, 2024 at 5:03 pm CDT

Chicago Mercantile Exchange lean hog futures turned higher on Wednesday as fund investors adjusted their positions and sought short-covering, even as many contracts set new lows for a second trading day, traders said.

By P.J. Huffstutter, Reuters

Jun. 25, 2024 at 5:02 pm CDT

Analysts surveyed by Reuters project that quarterly USDA data will show the herd on June 1 was about 0.8 per cent bigger than a year earlier and that the number of pigs per litter was up 2.3 per cent in the March-May period.

By Reuters, Tom Polansek

Jun. 24, 2024 at 4:09 pm CDT

Chicago Mercantile Exchange (CME) nearby cattle future contracts turned higher on Monday as stronger-than-expected domestic seasonal demand and firm prices in the cash market gave futures a boost, market analysts said.

By P.J. Huffstutter, Reuters