CME update: hog futures rose for a second day ahead of quarterly USDA report

US lean hog futures added for a second straight day in anticipation of the 24 September Hogs and Pigs report from the USDA.
calendar icon 24 September 2020
clock icon 3 minute read

CME October lean hog futures settled 1.175 cents higher to end at 69.500 cents per pound and most-active December hogs rose 0.250 cents to 64.350 cents.

Hog markets were further energised by reports of increased pork purchases from China, which doubled its imports from a year ago to 350,000 tonnes, customs data showed.

Read more about this story here.

© 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.