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Tag Archives hogs


Lean hogs HEG24 on Jan. 3 with 20, 50 and 100-day moving averages. (Barchart)
Markets

U.S. livestock: Lean hogs finish weaker, set another contract low

Packers losing money processing beef due to tight supply

By Reuters, Tom Polansek January 3, 2024
Chicago Mercantile Exchange lean hog futures set contract lows for a second consecutive session on Wednesday under pressure from ample supplies.

Live cattle LEG24 on Jan. 2 with 20 and 50-day moving averages. (Barchart)
Markets

U.S. livestock: CME cattle hit November highs as lean hogs set contract lows

Large supplies of hogs continue to pressure futures, analysts said

By Reuters, Tom Polansek January 2, 2024
Cattle futures stormed higher at the Chicago Mercantile Exchange (CME) on Tuesday, boosted by firmer U.S. cash trading last week, while hog futures set contract lows.

Lean hogs LEG24 as of Dec. 29. (Barchart)
Markets

U.S. livestock: CME cattle, lean hog futures mixed to lower

China's beef purchases supports live cattle

By P.J. Huffstutter, Reuters December 29, 2023
Chicago Mercantile Exchange (CME) livestock futures were mostly mixed to lower on Friday, on limited technical trading and less-than-robust beef export news ahead of the New Year's holiday.

Livestock

Smaller U.S. swine herd likely as Prop 12 takes effect, think tank says 

Canadian pork sector concerned the animal welfare law will act as a non-tariff trade barrier 

By Geralyn Wichers December 29, 2023
The cost of compliance with a California animal welfare law, which takes full effect on New Year’s Day, will likely shrink the U.S. national hog herd and lead to further […] Read more

CME live cattle futures LEG24 on Dec. 28 with moving averages for 20, 50 and 100 days. (Barchart)
Markets

U.S. livestock: CME cattle, lean hog futures weighed by demand questions

Plains blizzards and cold winter weather stressed animals and impacted weight gain

By P.J. Huffstutter, Reuters December 28, 2023
Chicago Mercantile Exchange (CME) livestock futures mostly ended lower on Thursday, as a sluggish cash market weighed on nearly all cattle markets and hog traders continued to wrestle with concerns about demand for hefty pork supplies, analysts said.


Photo: File
Markets

U.S. livestock: CME lean hog, cattle future contracts mixed

Live cattle futures eased on profit-taking and weaker-than-expected cash trades

By P.J. Huffstutter, Reuters December 28, 2023
Chicago Mercantile Exchange (CME) feeder cattle futures firmed on Wednesday, seeing a boost from weakness in the grain market and as the trade tried to spur ranchers to rebuild their herds, analysts said.

Lean hogs HEG24 on Dec. 22 with the 20-day moving average. (Barchart)
Markets

U.S. livestock: CME lean hogs firm, but face bigger-than-expected US herd

Live cattle ended the day down, feeder cattle were up

By P.J. Huffstutter, Reuters December 22, 2023
Chicago Mercantile Exchange lean hogs turned higher on a technical bump on Friday, and cattle futures were mixed on moderate cash trades, traders said.

CME live cattle futures LEG24 on Dec. 21. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures face renewed pressure

Lean hog futures ended the day mixed

By P.J. Huffstutter, Reuters December 21, 2023
Chicago Mercantile Exchange cattle futures were mostly sharply lower on Thursday as traders sold off or shifted their positions ahead of a series of key government reports, analysts said.


Photo: File
Livestock, Markets

U.S. livestock: Cattle futures firm on hopes of higher cash prices

The trade is expecting a smaller hog herd, Reuters survey shows

By P.J. Huffstutter, Reuters December 20, 2023
Chicago Mercantile Exchange cattle futures firmed on Wednesday amid technical trading, weakness in U.S. corn futures and hopes of higher cash prices next week as packers close out the year, analysts said.

Live cattle futures LEG24 on Dec. 19 with 20, 50 and 100 day moving averages. (Barchart)
Livestock, Markets

U.S. livestock: CME cattle futures fall on technical trading ahead of reports

Lean hog futures also ended the day lower

By Reuters, Tom Polansek December 19, 2023
Chicago Mercantile Exchange cattle futures closed lower on Tuesday on technical trading and investors adjusting their positions ahead of a series of key government reports, analysts said.

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