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By Karl Plume CHICAGO, Oct 16 (Reuters) — Chicago Mercantile Exchange live cattle futures climbed to a 10-week high on Friday on firm cash market prices and tightening beef supplies, while feeder cattle futures were steady to higher as feed corn prices fell. Tight supplies of cattle continued to underpin futures, along
Live cattle futures climbed to a 10-week high on Friday, supported by firm cash prices and tightening beef supplies. Feeder cattle futures were steady to higher as feed corn prices fell.
By Karl Plume CHICAGO, Oct 14 (Reuters) — Chicago Mercantile Exchange lean hog futures slumped for the seventh time in eight trading sessions on Wednesday and hit fresh contract lows on weak demand and a drop in cash pork prices to the lowest in 3-1/2 years. Rising inflation, driven largely by soaring energy costs, and
By Karl Plume CHICAGO, Oct 12 (Reuters) — Chicago Mercantile Exchange lean hog futures firmed on Monday in a technical-buying and short-covering rebound from four sessions of losses, although weak pork prices and dull demand continued to overhang the market. Futures dropped last week to contract lows and hog contracts