Chicago Mercantile Exchange hog futures climbed to a two-year high for a second straight day on Tuesday with seasonally tight hog supplies boosting cash prices, traders and analysts said. Sharply […] Read more
U.S. hogs again notch two-year high on tight supplies
China pork-buying rumour pushes U.S. hogs to two-year high
Chicago Mercantile Exchange hog futures spiked to a two-year high on Monday as rumours that China is shopping for U.S. pork ignited short-covering, traders and analysts said. With grocers gearing […] Read more
U.S. live cattle futures turn up as funds buy
Chicago Mercantile Exchange live cattle futures settled higher on Tuesday after fund buying helped them reclaim some of Monday’s losses, traders and analysts said. Speculative buyers were drawn to futures’ […] Read more
U.S. live cattle futures slump in fund selloff
Chicago Mercantile Exchange live cattle slumped on Monday, pressured by fund liquidation and lower corn prices, analysts and traders said. Cheaper corn could prompt livestock producers to feed more cattle […] Read more
U.S. live cattle futures rebound with cash prices
Chicago Mercantile Exchange live cattle futures closed higher on Friday as steady cash prices helped futures recover from Thursday’s sell-off, traders and analysts said. Cash cattle in the U.S. Plains […] Read more
U.S. live cattle futures slump in fund selloff
Chicago Mercantile Exchange (CME) live cattle slumped on Thursday as futures fell below technical support, triggering fund liquidation, traders and analysts said. CME live cattle June dropped beneath the respective […] Read more
U.S. live cattle prices gain on futures’ discount to cash
Chicago Mercantile Exchange live cattle rose modestly on Tuesday, aided by futures’ discount to recent cash prices, traders and analysts said. CME live cattle also drew support from the uptick […] Read more
Short-covering rallies U.S. live cattle before holiday
Chicago Mercantile Exchange live cattle futures closed higher on Friday aided by short-covering ahead of the May 25 to May 27 U.S. Memorial Day holiday weekend, traders and analysts said. […] Read more
Lower cash prices drag down U.S. live cattle futures
Chicago Mercantile Exchange live cattle futures sagged on Thursday as lower cash cattle prices weighed, analysts and traders said. So far this week, cash cattle in Texas and Kansas traded […] Read more
Fund buying lifts U.S. hog futures to 9-1/2-month high
Chicago Mercantile Exchange (CME) lean hog futures climbed to a 9-1/2-month high on Wednesday as fund buying lifted nearby trading months beyond a key technical resistance level, said analysts and […] Read more