Hog futures fall on tariff worries, technical selling - CME

Mar 17, 2025

Chicago Mercantile Exchange (CME) lean hog futures edged down on Thursday under pressure from technical selling and worries that US President Donald Trump's tariff war could hurt export demand, Reuters reported, citing analysts.

The European Union announced has a plan to impose duties on US imports, including on poultry and meat products.

"The market is worried about what will happen with the EU," Doug Houghton, analyst at Brock Associates, said.

CME's April lean hog contract settled down 0.875-cent to 85.625 cents per pound.

Live and feeder cattle futures spent the day chopping up and down as a lack of fresh news provided little direction for the futures.

CME April live cattle rose 0.65-cent at 202.05 cents per pound. CME April feeder cattle futures settled down 0.75-cent to 279.975 cents per pound.

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