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Tag Archives hog futures — page 49

(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets

U.S. livestock: CME hogs slump on technical selloff

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Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed lower on Tuesday in the wake of technical selling that largely overshadowed bullish market fundamentals, said traders. U.S. stock market volatility, after their worst ever daily point loss on Monday, kept CME livestock market traders on the defensive. Some funds that bailed out of stocks […] Read more
Livestock, Markets

U.S. livestock: Stocks, profit-taking hit CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Monday finished lower for the first time in three session due to profit-taking and continued heavy stock market losses, said traders. “People were just watching what happened with stocks over the past few days and decided they wanted out of everything and figure it […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: CME live cattle limit up on fund buying

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures on Thursday touched a three-month top, spurred by short-covering and fund buying, said traders. April closed up its three-cent-per-pound daily price limit (all figures US$). Investors bought that contract and simultaneously sold February. The limit will expand to 4.5 cents on Friday. February live cattle […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: CME live cattle post losses, but off session lows

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Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Tuesday settled lower, weighed down by profit-taking and initial fund liquidation, said traders. Rising wholesale beef values and CME live cattle futures’ discount to prices for slaughter-ready or cash cattle lifted contracts from session bottoms. February live cattle finished 0.875 cents/lb. lower at 124.825 […] Read more
(iStock photo)
Livestock, Markets

Pork exports key in 2018 as U.S. slaughter ramps up

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CNS Canada –– Canadian pork producers should see higher returns for their product in the spring of 2018, but whether those prices last may determine how successful Canada is at tapping new markets. According to U.S. Department of Agriculture supply estimates, weekly U.S. hog slaughter numbers over the past two months have averaged 2.369 million […] Read more
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

U.S. livestock: Strong cash trade lifts CME live cattle

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Monday, riding a tailwind from Friday’s higher-than-expected prices for market-ready, or cash, cattle, traders said. February live cattle finished 1.1 cents/lb. higher at 125.7 cents and most-active April settled up 0.375 cents at 125 cents (all figures US$). After futures closed on Friday, […] Read more
U.S. livestock: Cattle rebound after sharp drop
Livestock, Markets

U.S. livestock: Cattle rebound after sharp drop

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures rose on Friday, with strength in the cash market underpinning a technical rebound from Thursday’s sharp decline, traders said. “We had a break that was a surprisingly quick break from the top,” said Don Roose, president of U.S. Commodities. “Today we brought back the technical […] Read more

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