Chicago | Reuters — U.S. lean hog futures jumped more than four per cent on Thursday after the U.S. Department of Agriculture’s weekly export sales report showed that China last week placed its largest order for U.S. pork since February, traders said. The purchases are a signal that an outbreak of African swine fever in […] Read more
Tag Archives cattle futures — page 35
U.S. livestock: Hogs bounce on news of pork sales to China
U.S. livestock: Lean hogs sag on technical selling, soft cash
Chicago | Reuters — U.S. lean hog futures closed mostly lower on Wednesday, with the benchmark February contract declining for a third straight session on technical selling and weak cash values, traders said. Chicago Mercantile Exchange February lean hog futures settled down 0.55 cent at 64.5 cents/lb. after the contract dipped below its 50-day moving […] Read more
U.S. livestock: Lean hogs drift lower on weak cash values
Chicago | Reuters — U.S. lean hog futures closed mostly lower on Tuesday, with the benchmark February contract falling for the fourth session out of the last five after hitting a contract high last week. “The cash market continues to struggle. It’s a battle between reality and the ASF (African swine fever) headlines,” said Craig […] Read more
U.S. livestock: Lean hogs decline as cash values soften
Chicago | Reuters — U.S. lean hog futures fell on Monday on softer cash values and reduced demand for hogs from packers who were cutting kills, traders said. Live cattle futures were modestly lower while feeder cattle ended mixed, with front-month January declining and back months firming. Chicago Mercantile Exchange lean hog futures fell despite […] Read more
U.S. livestock: Cattle, hogs gain in thin trading on demand optimism
Chicago | Reuters — U.S. livestock futures were higher on Friday, with lean hogs rising sharply and cattle notching relatively smaller gains as each market was buoyed by hopes of better meat demand, traders said. Hog futures on the Chicago Mercantile Exchange continued to rise on expectations that the spreading African swine fever virus in […] Read more
U.S. livestock: Cattle futures rally after bullish USDA data
Chicago | Reuters — Chicago Mercantile Exchange cattle futures were higher on Wednesday, extending earlier small gains after government supply reports showed fewer-than-expected U.S. cattle supplies, traders said. U.S. Department of Agriculture monthly Cattle on Feed data showed 11.692 million cattle in U.S. feedlots as of Nov. 1. That figure was three per cent higher […] Read more
U.S. livestock: Hogs fall after contract highs on profit-taking
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures tumbled three per cent on Tuesday, reversing after hitting contract highs as investors locked in profits ahead of Thursday’s U.S. Thanksgiving Day holiday, traders said. Hog futures had gained in eight out of the past nine sessions on hopes of stronger pork demand, especially in […] Read more
U.S. livestock: Hogs rise to contract highs on export optimism
Chicago | Reuters — U.S. lean hog futures rose to life-of-contract highs on Monday, extending steep gains from last week on optimism for robust exports of U.S. pork due to the worsening African swine fever virus outbreak in China, traders said. China, the top world hog producer and pork consumer, has culled its swine herd […] Read more
U.S. livestock: Lean hogs limit up on swine fever fears
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures surged on Friday and the three most active contracts closed up their daily trading limit on rising concerns about the spread of African swine fever in China, traders said. Technical buying accelerated gains, lifting several deferred-month contracts to life-of-contract highs. “African swine fever fears are […] Read more
U.S. livestock: Hogs rise on technical buying, demand outlook
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed for a fourth straight session on Thursday, lifted by technical buying and good demand for pork, traders said. Persistent concerns about the spread of African swine fever in China, the world’s top hog and pork producer, also underpinned prices as forecasts for big global […] Read more
Cyber-Savvy Farmer
