Market1 1733465997762 1733466008348

CME lean hog futures firm on wholesale prices

CHICAGO, May 30 (Reuters) – Chicago Mercantile Exchange lean hog futures rallied on Friday after a big jump in wholesale values, according to analysts. Most actively traded CME July lean hog futures rose 1.950 cents to settle at 104.925 cents per pound. August feeder cattle ended down 1.100 cents at 298.825 cents per pound. August…

Read More
US MARKETS OPEN AFTER DOW LOSES NEARLY 900 POINTS 1742189741876 1747653056191

S&P 500, Nasdaq futures drop over 1.3% ahead of Wall St. open after Moody’s US credit ratings cut, Dow down 0.9%

(Bloomberg) — US bonds, stocks and the dollar dropped after Moody’s Ratings stripped the government of its top credit rating, reinforcing concern about the status of American assets. Gold rose. S&P 500 contracts fell 1.3%, with investors cooling on equities after a five-day winning streak. European and Asian shares also dropped. The yield for 30-year…

Read More
Market 4 1733466069237 1733466076549

CME cattle futures recover on technical trading

CHICAGO, May 16 (Reuters) – Chicago Mercantile Exchange live cattle and feeder cattle futures rebounded on Friday on short covering and technical trading after a selloff in the previous session, traders said. Cattle futures have also been underpinned by strong boxed beef prices and a tight cattle supply. Futures prices set all-time highs earlier in…

Read More
Enable Notifications OK No thanks