Loading…
CME lean hog futures rose on Tuesday after the Memorial Day holiday as grilling season demand picked up, with July hogs up 0.6 cents to 102.15 cents per pound. August feeder cattle fell 2.225 cents to 298.15, their lowest since May 1, and live cattle dropped 1.15 cents, as fund liquidation weighed on cattle after a rally attempt.
Seasonally firmer pork demand supports lean hog prices into summer, while cattle weakness can pull hog futures in the near term. Feed buyers should note steady hog pricing supports producer margins for feed purchases.
tradingview.comMay 27, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
