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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.

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Hogs: 2026 FCC Economic Outlook

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Rising prices and declining feed costs have boosted profitability in the hog sector. The recent implementation of voluntary country of origin labelling rules (vCOOL) in the U.S., however, complicates matters for Canadian producers. To learn more, read our blog post on the hog sector: https://www.fcc-fac.ca/en/knowledge/e... Join the FCC Economics team to learn about the sector trends and identify risks and opportunities in the 2026 economic environment.