Farms.com Home   News

Hog futures fall on tariff worries, technical selling - CME

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.

Click here to see more...

Trending Video

Season 7, Episode 2: From Data to Decisions in Swine Production

Video: Season 7, Episode 2: From Data to Decisions in Swine Production

Data can provide a clear picture of trends and performance across a swine farm, but its greatest value comes from putting those insights into action. In this episode, Dr. Edison Magalhães, assistant professor in the department of animal science at Iowa State University, discusses how producers can leverage data to make informed decisions that improve herd performance from birth to market. He highlights the challenges of siloed data across different teams, the impact those gaps can have on performance and the importance of integrating data to gain a more complete picture of herd health and productivity. He also explains the PROSPER (Predictors of Swine Performance) tool, which combines data from multiple sources to help producers better understand herd performance.