Insights and Stories on Wholesale Pork

Jul. 5, 2017 at 5:35 pm CDT

Chicago | Reuters — U.S. live cattle futures extended losses to a more than two-month low on Wednesday as investors liquidated long positions amid declining wholesale beef prices and expectations for weaker cash cattle markets, traders and analysts said. Higher corn futures also boosted feed costs for fattening cattle, weighing […]

By Michael Hirtzer

Jul. 3, 2017 at 4:21 pm CDT

Chicago | Reuters — U.S. lean hog futures climbed to fresh life-of-contract highs on Monday, gaining on bear-spreading as wholesale pork prices reached the highest levels in more than two years. Dealers continued to buy back Chicago Mercantile Exchange July hog contracts and roll positions into deferred months such as […]

By Michael Hirtzer

Jun. 30, 2017 at 7:31 pm CDT

Chicago | Reuters — U.S. lean hog futures surged to a 2-1/2-year high on Friday as recent gains in cash hog prices prompted investor buying in futures, traders and analysts said. Rising wholesale pork values underscored strong meat demand and also bolstered futures while rising temperatures forecast next week could […]

By Michael Hirtzer

Aug. 17, 2015 at 4:14 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Monday, supported by the morning’s cash and wholesale pork price gains, traders said. The spot-October contract closed 0.95 cent/lb. higher at 66.275, and December up 0.35 cent at 62.3 cents (all figures US$). Monday morning’s average cash […]

By Theopolis Waters