U.S. livestock: Lean hogs limit down as export sales disappoint

CME lean hog futures fell by the daily three-cent limit on March 28 after USDA reported net pork export sales of 21,468 tonnes for the week ended March 21, including 999 tonnes of net cancellations by China. USDA's quarterly Hogs and Pigs report, released the same day, was largely in line with expectations and showed the March 1 inventory 2.1% above a year earlier.