
U.S. livestock: Bearish fundamentals sink CME hog futures
Chicago | Reuters –– Chicago Mercantile Exchange lean hogs tumbled more than two per cent on Thursday following the morning’s cash hog and wholesale pork price retreat, traders said. Spot-August futures finished 2.15 cents/lb. lower at 78.075 cents, and most-active October down 2.325 cents at 64.45 cents (all figures US$). […]