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

Legacies of the Land - Episode 1 - Lehenbauer Farms

Video: Legacies of the Land - Episode 1 - Lehenbauer Farms

Episode 1 – Lehenbauer Farms (Missouri) "True wealth only really grows out of the ground." — Mark Lehenbauer ?? Watch the Lehenbauer family's story in AGCO's #LandLegacies series honoring American farmers as the U.S. turns 250. For generations, the Lehenbauer family has worked the same Missouri land — building something that lasts far beyond a single lifetime. In this episode of Legacies of the Land, Mark Lehenbauer shares what it means to carry forward a farming legacy rooted in resilience, stewardship and love for the land.