Chicago | Reuters — U.S. lean hog futures ended higher for the first time in three sessions on Friday on short covering and technical buying ahead of the extended Presidents Day holiday weekend, traders and analysts said. Futures had been technically oversold after sinking to seven-month lows early this week under pressure from large hog […] Read more
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U.S. livestock: Lean hogs bounce on short-covering, technical buying
U.S. livestock: Lean hogs stumble on weak pork, trade unease
Chicago | Reuters — U.S. lean hog futures fell for a second straight day on Thursday as weak pork prices and nervousness about trade talks between the U.S. and China weighed on the market, traders and analysts said. Officials from both countries are meeting in Beijing this week to try to hammer out a deal […] Read more
U.S. livestock: Cattle sink on lower beef, slowing demand
Chicago | Reuters — U.S. live cattle futures declined for a second straight session on Wednesday as lower beef prices and seasonally slowing demand for the red meat triggered profit-taking and technical selling, traders and analysts said. Traders are awaiting the next wave of cattle sales at U.S. Plains feedlot markets, but cash market bids […] Read more
U.S. livestock: Hog futures jump on U.S.-China trade hopes
Chicago | Reuters — U.S. lean hog futures jumped more than two per cent on Tuesday in a second straight day of strong gains fueled by hopes that U.S.-China trade talks would revive Chinese demand for American pork, traders and analysts said. Bargain buying further propelled gains after benchmark April futures dropped for four straight […] Read more
U.S. livestock: Hog futures climb on bargain buying
Chicago | Reuters — U.S. lean hog futures climbed more than one per cent on Monday, rising on technically driven bargain buying after prices fell on Friday to a five-month low, traders and analysts said. Hogs halted a four-session streak of declines while live cattle futures edged higher to notch a 1-1/2-week high on the […] Read more
U.S. livestock: Hog futures decline on technical selling
Chicago | Reuters — Chicago Mercantile Exchange lean hogs extended their decline to the fourth consecutive session on Friday, easing on technical selling and weaker pork prices, traders said. The most active April hogs contract dropped to a fresh five-month low and has now declined in 12 out of the past 14 sessions. The contract […] Read more
U.S. livestock: Hogs extend slide on weak cash, pork prices
Chicago | Reuters — U.S. lean hog futures declined for the third day in a row on Wednesday as prices for pork and hogs in cash markets continued to weigh on futures, traders and analysts said. Most-active Chicago Mercantile Exchange April hogs dropped to the lowest levels in five months and its premium over the […] Read more
U.S. livestock: Hog futures drop on weak pork prices
Chicago | Reuters — U.S. lean hog futures fell to the lowest levels since mid-August on Wednesday, declining for the second straight session as weaker prices for pork pointed to abundant supplies, traders and analysts said. Cattle futures also eased on the Chicago Mercantile Exchange but prices stayed within recent trading ranges as investors waited […] Read more
U.S. livestock: Hogs fall on technical selling, live cattle up
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures declined more than one per cent on Tuesday, giving back a portion of gains notched on Monday in a technical setback, traders said. Hogs on Monday surged from a multimonth low, boosted in part by technically oversold conditions. But the market remained anchored by abundant […] Read more
U.S. livestock: Cattle, hog futures climb on technical buying
Chicago | Reuters — U.S. livestock futures were higher on technical buying on Monday, with live cattle nearing recent contract highs and lean hogs rebounding from a multi-month low reached on Friday, traders and analysts said. Firmer prices for pork and beef in the wholesale market also buoyed futures. Hogs jumped as much as four […] Read more
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