Michael Hirtzer

CHICAGO, Feb 2 (Reuters) – U.S. lean hog futures extended gains to a fresh seven-month high on Thursday, lifted by strong pork packer demand, while cattle futures also climbed in a short-covering rebound from Wednesday’s multiweek lows, traders and analysts said. Traders continued to bull-spread Chicago Mercantile Exchange lean hogs, with the front-month February contract […] Read more

CHICAGO, Jan 31 (Reuters) – Chicago Mercantile Exchange lean hog futures surged 3 percent to a seven-month high on Tuesday as rising pork and cash hog prices triggered investment fund and chart-based futures buying, traders and analysts said. CME live and feeder cattle futures fell to multi-week lows, pressured by ample cattle supplies. The U.S. […] Read more

CHICAGO, Jan 30 (Reuters) – U.S. live cattle futures notched their biggest losses in about three weeks on Monday in a sell-off triggered by government data showing larger numbers of cattle placed on feed in December, traders said. Both live and feeder cattle futures fell to their lowest since Jan. 9 as investors liquidated long […] Read more

CHICAGO, Jan 13 (Reuters) – Chicago Mercantile Exchange live cattle futures gained about 1 percent on Friday, rallying from losses in the previous session on the back of investment fund buying and optimism for higher prices in U.S. Plains cash cattle markets, traders said. Feeder cattle prices rose while lean hogs were mostly higher, underpinned […] Read more

CHICAGO, Jan 12 (Reuters) – U.S. cattle futures fell more than 1 percent on Thursday, extending losses to the second straight session on a technical sell-off as wholesale beef prices also continued to lose ground, traders and analysts said. Lean hogs were mixed at the Chicago Mercantile Exchange, with some front-month hog futures contracts rising […] Read more

CHICAGO, Nov 30 (Reuters) – Chicago Mercantile Exchange cattle and hog futures rose about 1 percent on Wednesday, rallying after two straight sessions of losses on the back of gains in U.S. cash cattle and hog markets, traders and analysts said. Most-active CME February live cattle settled 1.650 cents higher at 111.950 cents per lb. […] Read more

CHICAGO, Nov 25 (Reuters) – U.S. cattle and hog futures extended gains to fresh multi-month highs on Friday, buoyed by technical buying and strong demand from beef and pork packers, traders said. Live cattle jumped more than 1 percent at the Chicago Mercantile Exchange, capping their fifth consecutive week of higher prices. Lean hog futures […] Read more

CHICAGO, Nov 2 (Reuters) – Chicago Mercantile Exchange lean hog futures soared 3 percent on Wednesday, rebounding on technical buying from the steep losses seen in the previous session, traders and analysts said. Cattle futures also were mostly higher, even as some contracts edged slightly lower after hitting one-month peaks. Higher prices for wholesale beef […] Read more