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Tag Archives Pork


CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Cattle, hogs mostly down on weak margins, inflation worries

Beef packer margins in negative territory

By Karl Plume October 14, 2022
Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures ended mostly lower on Thursday on eroding meat packer margins and as soaring inflation raises demand concerns, traders said. […] Read more

CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Live cattle firm as packer margins turn negative

Lean hog futures settle lower

By P.J. Huffstutter October 11, 2022
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Tuesday as supplies tighten, with beef packer margins falling into the negative for the first time in years, […] Read more

CME December 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: Hog futures firm on technical buying

Cattle futures close mostly lower

By Reuters October 6, 2022
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures firmed for the second day in a row on Thursday, with technical buying supporting prices following the market’s bounce from […] Read more

CME October 2022 lean hogs (candlesticks) with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs up off 10-month low on bargain-buying

Live cattle also up on technical buying

By Julie Ingwersen October 6, 2022
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures closed higher on Wednesday on bargain buying, a day after the benchmark December contract fell to a 10-month low, traders […] Read more

CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle, hogs up on technical buying, short-covering

Recession worries still loom large

By Tom Polansek October 4, 2022
Chicago | Reuters — Chicago Mercantile Exchange live cattle, feeder cattle and lean hog futures strengthened on Monday on technical buying and short covering, after recent selloffs were overdone, brokers […] Read more


CME December 2022 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle lower, underpinned by tight supply

October lean hogs also lower

By Christopher Walljasper September 30, 2022
Chicago | Reuters — Benchmark live cattle futures on the Chicago Mercantile Exchange eased on Friday, pressured by softening cash trade across the U.S. Plains, though markets remain supported by […] Read more

CME December 2022 lean hogs (candlesticks) with 20-day moving average (pink line, right column) and CME cash Lean Hog Index (purple line, left column). (Barchart)
Livestock, Markets

U.S. livestock: CME December hogs ease

U.S. hog herd shrinks; cattle futures firm

By Christopher Walljasper September 29, 2022
Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange eased on Thursday ahead of the U.S. Agriculture Department’s quarterly hog and pigs report, released after […] Read more

File photo of a truck arriving at a Smithfield Foods pork plant at Smithfield, Va. on Oct. 17, 2019. (Photo: Reuters/Tom Polansek)
Livestock, Markets

Smithfield Foods to pay US$75 million in pork price-fixing settlement

Follows similar settlement by JBS

By Jonathan Stempel September 29, 2022
Reuters — Smithfield Foods has agreed to pay US$75 million to settle a lawsuit by consumers who accused the meat producer and several competitors of conspiring to inflate prices in […] Read more


CME December 2022 lean hogs (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME December hogs extend slide on long liquidation

Cattle futures down on demand concerns

By Julie Ingwersen September 29, 2022
Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange continued their slide on Wednesday, hitting a nine-month low on recession worries and long liquidation. CME […] Read more

CME December 2022 lean hogs (candlesticks) with 20- and 50-day moving averages (brown and black lines, right column) and CME cash Lean Hog Index (pink line, left column). (Barchart)
Livestock, Markets

U.S. livestock: CME hogs tumble to nine-month low on recession fears

Chicago live cattle end mixed

By Julie Ingwersen September 28, 2022
Chicago | Reuters — Benchmark December lean hog futures on the Chicago Mercantile Exchange fell for a fifth consecutive session on Tuesday, touching a nine-month low as fears of a […] Read more

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