Insights and Stories on Pork

May. 23, 2024 at 5:52 pm CDT

Chicago Mercantile Exchange lean hog futures slumped to a February low on Thursday under pressure from solid U.S. production and weaker cash prices, traders said.

By Reuters, Tom Polansek

May. 22, 2024 at 4:50 pm CDT

Chicago Mercantile Exchange live and feeder cattle futures rallied on Wednesday amid expectations of strength in the cash markets, while lean hog futures faced continued pressure from data showing that U.S. packers are processing a glut of pork, analysts said.

By P.J. Huffstutter, Reuters

May. 21, 2024 at 5:09 pm CDT

Chicago Mercantile Exchange lean hog futures dropped to their lowest level since February under pressure from solid U.S. production on Tuesday, while live cattle futures reached their highest price since March, analysts said.

By Reuters, Tom Polansek

May. 16, 2024 at 5:17 pm CDT

Wholesale beef prices have jumped this week as retailers and meat processors look ahead to the Memorial Day weekend at the end of the month. The holiday is considered the start of the peak grilling season for products like steaks and hamburgers.

By Reuters, Tom Polansek

May. 15, 2024 at 5:56 pm CDT

Chicago Mercantile Exchange live cattle futures firmed for a second straight day on Wednesday as rising beef prices and strong packer demand ahead of the Memorial Day holiday weekend supported the market, analysts said.

By Karl Plume, Reuters