Live cattle and feeder cattle futures closed mostly lower at the Chicago Mercantile Exchange on Thursday as slow sales of beef products such as hamburgers and steak weighed on prices, Altin Kalo, economist at Steiner Group, said.
Lean hog futures closed at their lowest price since January at the Chicago Mercantile Exchange on Wednesday as traders focused on a potential oversupply of U.S. pork heading into the summer barbecue season.
Live cattle and feeder
cattle futures closed mostly lower at the Chicago Mercantile
Exchange on Thursday as slow sales of beef products such as
hamburgers and steak weighed on prices, Altin Kalo,. -June 06, 2024 at 05:32 pm EDT
- MarketScreener
Lean hog futures dropped to their lowest price since January at the Chicago Mercantile Exchange on Tuesday as weakness in the Mexican peso fueled worries over demand in the biggest export market for U.S. pork, traders said.
Lean hog futures closed at
their lowest price since January at the Chicago Mercantile
Exchange on Wednesday as traders focused on a potential
oversupply of U.S. pork heading into the summer barbecue. -June 05, 2024 at 05:29 pm EDT
- MarketScreener