Chicago | Reuters — Chicago Mercantile Exchange lean hog futures’ selloff last Friday carried over into Monday, led by fund liquidation and weaker cash prices, traders said. April hogs ended […] Read more
U.S. livestock: CME lean hog futures extend losses
U.S. livestock: CME lean hogs give back recent gains
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures on Friday suffered their biggest one-day loss in a month, with pressure from liquidation by funds that were largely responsible […] Read more
U.S. livestock: CME lean hogs snap back from session lows
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures finished higher on Thursday, after short-covering and bargain buying brought contracts from morning lows, traders said. “Hogs (futures) were simply […] Read more
Brazil beef scandal leaves fewer options for global buyers
Chicago | Reuters –– Global beef buyers will likely need to cobble together supplies from several nations if a scandal persists in Brazil’s meat sector because supply constraints and politics […] Read more
U.S. Catholics allowed corned beef on Paddy’s Friday
Chicago | Reuters — In recent weeks, the U.S. meat industry has found itself wrestling with a culinary conundrum: Would American Roman Catholics be able to eat corned beef this […] Read more
U.S. livestock: CME live cattle gain for fourth straight session
Chicago | Reuters –– Chicago Mercantile Exchange live cattle on Monday rose for a fourth consecutive session, with strength from buy stops and futures’ discounts to last week’s cash prices, […] Read more
U.S. livestock: Fallen cash, pork prices slam CME hogs
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures sank more two per cent on Friday following lower cash and wholesale pork values, said traders. They said worries about […] Read more
U.S. livestock: Supply growth worries sink CME live cattle
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures slumped on Thursday, with pressure from profit-taking partly fueled by increased supply expectations, traders said. April live cattle closed 1.425 […] Read more
U.S. livestock: CME live cattle end mostly firm
Chicago | Reuters –– Most Chicago Mercantile Exchange live cattle futures closed firmer on Wednesday, after investors sold April futures and simultaneously bought deferred months. Investors held off buying April […] Read more
U.S. livestock: Funds, beef demand fuel CME live cattle rally
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures finished sharply higher on Tuesday, driven by fund buying and brisk wholesale beef demand, said traders. They said deferred-month contracts’ […] Read more