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CME: Summer Hog Futures Fail to Break $84 Mark

2016-06-01 02:00:00| ThePigSite - Industry News

US - Summer hog futures have sought to mount a rally twice in the last three months but failed to break past the $84 mark. It is not unusual for pork prices to move up into the summer, largely because of the seasonal pullback in pork supplies.

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Hog futures are performing according to their seasonal tendencies

2016-04-25 18:55:00| National Hog Farmer

Going with the normal seasonal low tendency, one should be prepared to experience a low in hog futures sometime during May. Negotiating and identifying exactly when the low is being established leans heavily on experience. read more

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CME: Lean Hog Futures Losing Ground

2016-04-15 02:00:00| ThePigSite - Industry News

US - Lean hog futures continued to lose ground in yesterday’s trading, with the June contract down 110 points from the previous close and now some 600 points lower than the contract high in mid March, write Steve Meyer and Len Steiner.

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CME: Lean Hog Futures Down Sharply

2016-03-23 01:00:00| ThePigSite - Industry News

US - CME lean hog futures were down sharply yesterday in what we think was a reaction to short term bearish factors (holiday slaughter), market positioning and the lack of any new bullish information, write Steve Meyer and Len Steiner.

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CME: Hog Futures Hit Pause

2016-02-01 01:00:00| ThePigSite - Industry News

US - The hog futures rally that started sometime in mid December hit the pause button yesterday as market participants ponder demand resilience into February. While we have seen gains in the value of the pork cutout since the start of the year, the increase in cash hog prices has been more significant - and for good reason, write Steve Meyer and Len Steiner.

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