CME Daily Features
US - To say it has been a wild ride in the Lean Hogs futures markets this week would be just a bit of an understatement, don’t you think? Wednesday’s limit down—limit up day made us feel we were caught in a time warp and had been transported back to a long-lost frozen pork bellies futures pit! Though not unusual for bellies, we cannot remember such a day for either live hogs or lean hogs. One may have occurred but we can’t recall it, write Steve Meyer and Len Steiner.
US - One of the puzzles for end users, traders and other participants in the beef and pork market is the dramatic rise in prices for some products in the first quarter of 2014, write Steve Meyer and Len Steiner.
US - The market’s first real votes on last Friday’s "Hogs and Pigs" report are now counted and they are far from a ringing endorsement of Friday’s "Hogs and Pigs" report, write Steve Meyer and Len Steiner.
US - There is plenty of anticipation ahead of the USDA quarterly Hogs and Pigs inventory report. Hog futures, which mounted an impressive rally since mid January, have pulled back in the last two days as some market participants opt to move to the sidelines ahead of the report, write Steve Meyer and Len Steiner.
US - Analysts and market participants will be spending a good amount of time over the next week estimating and anticipating the numbers in USDA’s quarterly "Hogs and Pigs" report which will be released on Friday 28 March, write Steve Meyer and Len Steiner.
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