hog futures Archives | Page 10 of 126

Hog sector hit hard by pandemic

Market weakness seen likely to push some farmers out of business

By Phil Franz-Warkentin June 17, 2020

MarketsFarm — COVID-19 has hit the hog sector hard, with the double-edged sword of large supplies and reduced demand weighing heavily on the market. “The prospect of profitability at current forward prices and at current cash prices is nil… and there’s really no prospect of making anything this year,” said Tyler Fulton, director of risk […] Read more

Livestock, Markets

CME to raise hog futures trading limits as swine fever fuels volatility

New daily limit of 3.75 U.S. cents proposed for mid-April

By Tom Polansek February 28, 2020

Chicago | Reuters — CME Group said Thursday it plans to increase daily trading limits for its lean hog futures in April, then adjust them annually because of heightened volatility linked to the outbreak of a fatal pig disease in China. The spread of African swine fever in China, the world’s biggest pork consumer, has […] Read more

Livestock, Markets

North American hog markets wracked by coronavirus

By Marlo Glass February 12, 2020

MarketsFarm — Besides shutting down entire cities and killing more than 1,000 people, China’s novel coronavirus outbreak has wreaked havoc on North America’s hog futures. “It’s a dubious relationship, but it is impacting markets,” said Tyler Fulton, risk management director for Hams Marketing Services in Winnipeg. Lean hog futures moved “in concert with drops in […] Read more

Livestock, Markets

U.S. livestock: Hog futures slip ahead of USDA report

By P.J. Huffstutter December 23, 2019

Chicago | Reuters – U.S. hog futures eased back on Monday, ahead of a quarterly government report that is expected to show a healthy boost to the size of the U.S. hog herd, traders said. The U.S. Department of Agriculture’s quarterly Hogs and Pigs report is expected to show the herd increased 2.9 percent in […] Read more

Livestock, Markets

U.S. livestock: Lean hogs rally on technical buying, rising pork prices

By Karl Plume November 12, 2019

Chicago | Reuters – U.S. lean hog futures rose by as much as 3 percent on Tuesday on technical buying and short-covering, and as hopes for expanded pork exports to China more than offset pressure stemming from ample U.S. hog supplies, traders said. Rising pork prices and strong meatpacker margins gave the market further support […] Read more

Livestock, Markets

U.S. livestock: Live cattle futures firm on strong cash market, rising beef prices

By Karl Plume November 8, 2019

Chicago | Reuters – U.S. live cattle futures firmed on Friday, supported by strong cash feedlot cattle and beef prices and robust packer profit margins. The market posted a modest decline for the week after eight straight weeks of gains, but prices remain near six-month peaks reached after the two-month rally took futures up by […] Read more

Livestock, Markets

U.S. livestock: Hog futures rise on hopes for Chinese pork import tariff rollback

By Karl Plume November 7, 2019

Chicago | Reuters – U.S. lean hog futures closed mostly higher on Thursday on renewed hopes for accelerated U.S. pork sales to China after officials from both countries said an interim trade deal could include a phased rollback of tariffs. The hog market has been highly sensitive to any signs of easing trade tensions between […] Read more

Livestock, Markets

U.S. livestock: Lean hog futures retreat as interim China trade deal delayed

By Karl Plume November 6, 2019

Chicago | Reuters – U.S. lean hog futures retreated on Wednesday, surrendering nearly all of the prior session’s strong gains on worries about U.S. pork exports to China after a senior White House official said a “phase one” trade deal with the world’s top pork consumer could be delayed. The delay followed news that Canada […] Read more

Livestock, Markets

U.S. livestock: Lean hogs jump in short-covering, technical bounce

By Karl Plume November 5, 2019

Chicago | Reuters – U.S. lean hog futures rallied on Tuesday in a technical-buying and short-covering bounce from recent lows, underpinned by hopes for accelerated pork sales to China amid surging prices in the world’s largest pork-consuming country, analysts said. Pork prices have surged to record highs in China as African swine fever has decimated […] Read more

Livestock, Markets

U.S. livestock: Live cattle climb to new six-month peak on rising cash market

By Karl Plume November 4, 2019

Chicago | Reuters – U.S. live cattle futures scaled a six-month high on Monday, propelled by firming cash cattle and beef prices and strong packer margins, analysts said. Chicago Mercantile Exchange (CME) December live cattle settled up 0.550 cent at 120.075 cents per pound, its highest level since April 25. February futures gained 0.375 cent […] Read more

Tag Archives hog futures — page 10

Hog sector hit hard by pandemic

CME to raise hog futures trading limits as swine fever fuels volatility

North American hog markets wracked by coronavirus

U.S. livestock: Hog futures slip ahead of USDA report

U.S. livestock: Lean hogs rally on technical buying, rising pork prices

U.S. livestock: Live cattle futures firm on strong cash market, rising beef prices

U.S. livestock: Hog futures rise on hopes for Chinese pork import tariff rollback

U.S. livestock: Lean hog futures retreat as interim China trade deal delayed

U.S. livestock: Lean hogs jump in short-covering, technical bounce

U.S. livestock: Live cattle climb to new six-month peak on rising cash market

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