CME: Summer Hog Future Contract Down
US - Fed cattle futures have been hit pretty hard in recent days, with the August contract down by almost 700 points (-6 per cent) in the last four trading sessions. Hog futures have not fared much better. The summer hog futures contracts (Jun, Jul, Aug) are down as much as 5 per cent from where they were trading in mid May, write Steve Meyer and Len Steiner.