CHICAGO, May 11 (Reuters) – U.S. lean hogs surged as much as 2.5 percent for their biggest daily gains since December on Wednesday, lifted by rising cash prices and wholesale pork values that were tied to expectations of more export business to China, traders said. Technical buying also buoyed hog prices on the Chicago Mercantile […] Read more
Stories by Michael Hirtzer
Hogs jump, cattle firm on gains in meat prices
CHICAGO, May 10 (Reuters) – U.S. lean hogs gained the most in a week on Tuesday while cattle futures rose for the eighth straight session, with each commodity rising in tandem with wholesale meat prices on signs of growing demand, traders said. Trading volumes in the livestock contracts were relatively subdued at the Chicago Mercantile […] Read more
Live cattle, feeders mixed on beef declines
CHICAGO, April 4 (Reuters) – U.S. live cattle and feeder cattle futures were flat to narrowly mixed on Monday as lower wholesale beef prices suggested demand for the meat was slowing, traders said. Lean hogs were slightly lower in light trading at the Chicago Mercantile Exchange. Losses in outside markets kept a lid on gains […] Read more
